Germany: Glass Fiber Market 2024

Glass Fiber Market Size in Germany

In 2021, the German glass fiber market increased by 70% to $X for the first time since 2012, thus ending a eight-year declining trend. Overall, consumption, however, showed a abrupt curtailment. Glass fiber consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Glass Fiber Production in Germany

In value terms, glass fiber production amounted to $X in 2021 estimated in export price. In general, production, however, showed a abrupt slump. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Glass Fiber Exports

Exports from Germany

Glass fiber exports from Germany amounted to X tons in 2021, surging by 6.9% on the previous year's figure. In general, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +9.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 44% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, glass fiber exports expanded remarkably to $X in 2021. Overall, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +10.1% over the last nine-year period. 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 56% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X tons), Austria (X tons) and Denmark (X tons) were the main destinations of glass fiber exports from Germany, with a combined 33% share of total exports. The United States, Poland, the Czech Republic, Italy, Switzerland, Turkey, the Netherlands, Finland, Belgium and Sweden lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +23.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Austria ($X) appeared to be the largest markets for glass fiber exported from Germany worldwide, with a combined 28% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +19.5%, recorded 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

In 2021, the average glass fiber export price amounted to $X per ton, with an increase of 6.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 8.4%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average 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 Sweden ($X per ton), while the average price for exports to Denmark ($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 Poland (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fiber Imports

Imports into Germany

After two years of decline, supplies from abroad of voiles, webs, mats and other articles of glass fibers increased by 30% to X tons in 2021. The total import volume increased at an average annual rate of +3.2% 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.

In value terms, glass fiber imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), China (X tons) and Slovakia (X tons) were the main suppliers of glass fiber imports to Germany, with a combined 39% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +33.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fiber suppliers to Germany were Belgium ($X), Spain ($X) and France ($X), together accounting for 29% of total imports. These countries were followed by China, the UK, the Czech Republic, Russia, the Netherlands, Switzerland, Austria, Italy, Slovenia and Slovakia, which together accounted for a further 44%.

Slovenia, with a CAGR of +20.4%, recorded the highest growth rate of 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

The average glass fiber import price stood at $X per ton in 2021, shrinking by -1.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 16% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained 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 ($X per ton), while the price for Slovakia ($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 Czech Republic (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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