Germany: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Germany

The German non-woven glass fibre articles market dropped notably to $X in 2021, declining by -23.8% against the previous year. In general, consumption, however, showed mild growth. Non-woven glass fibre articles consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Germany

In value terms, non-woven glass fibre articles production declined to $X in 2021 estimated in export price. In general, production, however, saw a buoyant expansion. The growth pace was the most rapid in 2014 when the production volume increased by 171% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Germany

Non-woven glass fibre articles exports from Germany soared to X tons in 2021, picking up by 17% against the year before. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 30% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, non-woven glass fibre articles exports surged to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +5.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 42% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X tons), Denmark (X tons) and Austria (X tons) were the main destinations of non-woven glass fibre articles exports from Germany, together comprising 49% of total exports. Switzerland, Turkey, the Netherlands, Italy, Portugal, Ireland, Brazil, Poland, Spain and Finland lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +70.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Switzerland ($X) and Austria ($X) were the largest markets for non-woven glass fibre articles exported from Germany worldwide, with a combined 38% share of total exports. Turkey, Denmark, Italy, the Netherlands, Portugal, Poland, Ireland, Spain, Brazil and Finland lagged somewhat behind, together accounting for a further 41%.

In terms of the main countries of destination, Turkey, with a CAGR of +45.5%, saw the highest growth rate of 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 non-woven glass fibre articles export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a deep downturn. The growth pace was the most rapid in 2018 when the average export price increased by 9.1% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Denmark ($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 Ireland (+2.8%), while the prices for the other major destinations experienced a decline.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Germany

In 2021, overseas purchases of non-woven glass fibre webs, felts, mattresses and boards were finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 37%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, non-woven glass fibre articles imports rose significantly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 27%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) constituted the largest non-woven glass fibre articles supplier to Germany, accounting for a 36% share of total imports. Moreover, non-woven glass fibre articles imports from Belgium exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. The third position in this ranking was held by the Czech Republic (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+26.9% per year) and the Czech Republic (-14.3% per year).

In value terms, the largest non-woven glass fibre articles suppliers to Germany were Sweden ($X), Switzerland ($X) and Belgium ($X), with a combined 43% share of total imports. These countries were followed by Austria, the UK, the Czech Republic, Lithuania, France and China, which together accounted for a further 34%.

Austria, with a CAGR of +27.6%, 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

In 2021, the average non-woven glass fibre articles import price amounted to $X per ton, surging by 4.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 34%. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Belgium ($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 (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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