Germany: Market for Glass Fibres and Glass Fibre Articles 2024

Market Size for Glass Fibres and Glass Fibre Articles in Germany

In 2022, the German glass fibre and article market increased by X% to $X, rising for the second consecutive year after eight years of decline. Over the period under review, consumption continues to indicate a pronounced setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Glass Fibres and Glass Fibre Articles in Germany

In value terms, glass fibre and article production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable setback. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Glass Fibres and Glass Fibre Articles

Exports from Germany

In 2022, the amount of glass fibres and glass fibre articles exported from Germany reduced to X tons, which is down by X% on the year before. Over the period under review, total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, glass fibre and article exports reduced to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

France (X tons), Poland (X tons) and Austria (X tons) were the main destinations of glass fibre and article exports from Germany, with a combined X% share of total exports. Denmark, the Czech Republic, the United States, Italy, Switzerland, Turkey, the Netherlands, Spain, Sweden and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Poland ($X) were the largest markets for glass fibre and article exported from Germany worldwide, with a combined X% share of total exports.

The United States, with a CAGR of X%, 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

In 2022, the average glass fibre and article export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Denmark ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres and Glass Fibre Articles

Imports into Germany

In 2022, the amount of glass fibres and glass fibre articles imported into Germany shrank to X tons, reducing by X% on 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, glass fibre and article imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest glass fibre and article supplier to Germany, with a X% share of total imports. Moreover, glass fibre and article imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Slovakia (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Slovakia (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of glass fibres and glass fibre articles to Germany, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average glass fibre and article import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 UK ($X per ton), while the price for Egypt ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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