France: Market for Glass Fibres And Glass Wool 2024

Market Size for Glass Fibres And Glass Wool in France

The French glass fibres and wool market was estimated at $X in 2022, growing by 4.3% against the previous year. Overall, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +21.1% against 2020 indices. Glass fibres and wool consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Glass Fibres And Glass Wool in France

In value terms, glass fibres and wool production declined modestly to $X in 2022 estimated in export price. Overall, production, however, showed a slight contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 11% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Glass Fibres And Glass Wool

Exports from France

In 2022, shipments abroad of glass fibres and glass wool increased by 23% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, glass fibres and wool exports surged to $X in 2022. Overall, total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), Spain (X tons) and Italy (X tons) were the main destinations of glass fibres and wool exports from France, with a combined 59% share of total exports. Germany, Turkey, the UK, Tunisia, Poland, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +40.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Spain ($X) appeared to be the largest markets for glass fibres and wool exported from France worldwide, together accounting for 36% of total exports. Italy, Turkey, Tunisia, Poland, the UK, the Czech Republic and the Netherlands lagged somewhat behind, together comprising a further 33%.

Among the main countries of destination, Turkey, with a CAGR of +28.0%, 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 fibres and wool export price stood at $X per ton in 2022, jumping by 26% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres And Glass Wool

Imports into France

In 2022, imports of glass fibres and glass wool into France dropped slightly to X tons, which is down by -4.2% on 2021 figures. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, glass fibres and wool imports rose significantly to $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Belgium (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of glass fibres and wool imports to France, with a combined 82% share of total imports. China, Italy, the UK, Bahrain and the United States lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +32.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibres and wool suppliers to France were Belgium ($X), Germany ($X) and Spain ($X), together accounting for 55% of total imports. China, the UK, Bahrain, Italy and the United States lagged somewhat behind, together comprising a further 30%.

Italy, with a CAGR of +24.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glass fibres and wool import price amounted to $X per ton, rising by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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