France: Glass Fiber Market 2024

Glass Fiber Market Size in France

The French glass fiber market rose significantly to $X in 2021, growing by 10% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +70.9% against 2015 indices. Glass fiber consumption peaked in 2021 and is likely to continue growth in the near future.

Glass Fiber Production in France

In value terms, glass fiber production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period 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 2018 with an increase of 16%. Over the period under review, production reached the maximum level in 2021 and is likely to continue growth in the immediate term.

Glass Fiber Exports

Exports from France

In 2021, the amount of voiles, webs, mats and other articles of glass fibers exported from France skyrocketed to X tons, with an increase of 19% against the previous year. The total export volume increased at an average annual rate of +5.1% 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 2017 with an increase of 27%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, glass fiber exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), Germany (X tons) and Italy (X tons) were the main destinations of glass fiber exports from France, with a combined 51% share of total exports. These countries were followed by the UK, Belgium, Turkey, the Netherlands, the Czech Republic, Poland, Slovakia, Hungary, Portugal and Austria, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +39.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fiber exported from France were Germany ($X), Spain ($X) and Italy ($X), with a combined 40% share of total exports. The UK, Turkey, Belgium, Hungary, Poland, the Czech Republic, Slovakia, Austria, the Netherlands and Portugal lagged somewhat behind, together accounting for a further 34%.

Slovakia, with a CAGR of +31.8%, saw the highest growth rate of the value of exports, in terms of 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 glass fiber export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2018 an increase of 7.7%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, 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 Hungary ($X per ton), while the average price for exports to Spain ($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 Austria (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fiber Imports

Imports into France

In 2021, the amount of voiles, webs, mats and other articles of glass fibers imported into France surged to X tons, with an increase of 18% against 2020. In general, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 38% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, glass fiber imports surged to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.1% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of glass fiber to France, with a 47% share of total imports. Moreover, glass fiber imports from Belgium exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+5.3% per year) and Germany (+9.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of voiles, webs, mats and other articles of glass fibers to France, comprising 32% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.5% per year) and Spain (+5.2% per year).

Import Prices by Country

The average glass fiber import price stood at $X per ton in 2021, with an increase of 6.3% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 9.2% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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