France: Market for Glass Fibre Chopped Strands 2024

Market Size for Glass Fibre Chopped Strands in France

The French glass fibre chopped strand market reduced to $X in 2021, declining by -11.9% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Glass Fibre Chopped Strands in France

In value terms, glass fibre chopped strand production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 4.4%. As a result, production attained the peak level of $X, and then fell slightly in the following year.

Exports of Glass Fibre Chopped Strands

Exports from France

In 2021, exports of glass fibre chopped strands from France skyrocketed to X tons, increasing by 21% compared with 2020 figures. The total export volume increased at an average annual rate of +5.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 35% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, glass fibre chopped strand exports surged to $X in 2021. The total export value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Switzerland (X tons) and the Netherlands (X tons) were the main destinations of glass fibre chopped strand exports from France, with a combined 55% share of total exports. Italy, the UK, Poland, Spain, Belgium and Finland lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and the Netherlands ($X) constituted the largest markets for glass fibre chopped strand exported from France worldwide, together comprising 56% of total exports. Italy, the UK, Poland, Spain, Belgium and Finland lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Spain, with a CAGR of +16.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fibre chopped strand export price stood at $X per ton in 2021, increasing by 7.5% against the previous year. In general, the export price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2018 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per ton) and the UK ($X per ton), while the average price for exports to Italy ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Glass Fibre Chopped Strands

Imports into France

In 2021, purchases abroad of glass fibre chopped strands was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre chopped strand imports skyrocketed to $X in 2021. In general, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons), Egypt (X tons) and Belgium (X tons) were the main suppliers of glass fibre chopped strand imports to France, together accounting for 66% of total imports.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +81.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibre chopped strand suppliers to France were Malaysia ($X), Belgium ($X) and Egypt ($X), together accounting for 61% of total imports.

Egypt, with a CAGR of +79.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fibre chopped strand import price stood at $X per ton in 2021, with an increase of 15% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :