France: Market for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles 2024

Market Size for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in France

The French market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles reduced to $X in 2021, dropping by -7.4% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in France

In value terms, production of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 2.8%. Production of peaked at $X in 2020, and then reduced slightly in the following year.

Exports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Exports from France

In 2021, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from France skyrocketed to X tons, jumping by 16% against the previous year's figure. The total export volume increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 36%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and Switzerland (X tons) were the main destinations of exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from France, with a combined 48% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +16.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fibre filament, roving, and staple glass fibre article exported from France were Germany ($X), Italy ($X) and Switzerland ($X), together accounting for 41% of total exports.

Switzerland, with a CAGR of +14.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2021, increasing by 7.7% against the previous year. In general, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.5%), while the prices for the other major destinations experienced a decline.

Imports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Imports into France

In 2021, overseas purchases of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles surged to $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Egypt (X tons) and Malaysia (X tons) were the main suppliers of imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to France, together accounting for 52% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +52.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to France, comprising 25% of total imports. The second position in the ranking was held by China ($X), with a 9% share of total imports. It was followed by Egypt, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.1% per year) and Egypt (+51.4% per year).

Import Prices by Country

The average import price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2021, rising by 16% against the previous year. Overall, the import price, however, saw a slight shrinkage. 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 the UK ($X per ton), while the price for Egypt ($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 (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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