Germany: Glass Fibre Fabrics Market 2024

Glass Fibre Fabrics Market Size in Germany

The German glass fibre fabrics market reduced to $X in 2022, which is down by -8.4% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Glass Fibre Fabrics Production in Germany

In value terms, glass fibre fabrics production fell to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Glass fibre fabrics production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Glass Fibre Fabrics Exports

Exports from Germany

In 2022, approx. X tons of glass fibre fabrics were exported from Germany; declining by -6.6% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 16%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, glass fibre fabrics exports fell to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

France (X tons), Poland (X tons) and Italy (X tons) were the main destinations of glass fibre fabrics exports from Germany, together comprising 36% of total exports. The Netherlands, the Czech Republic, Turkey, Switzerland, Austria, the United States, Denmark, Spain, Belgium and China lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +10.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fibre fabrics exported from Germany were France ($X), Poland ($X) and the United States ($X), with a combined 28% share of total exports. Italy, Austria, the Czech Republic, China, the Netherlands, Turkey, Switzerland, Belgium, Spain and Denmark lagged somewhat behind, together accounting for a further 46%.

Turkey, with a CAGR of +11.2%, 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 fibre fabrics export price stood at $X per ton in 2022, which is down by -1.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 13%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, 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 China ($X per ton), while the average price for exports to Poland ($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 Belgium (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Fabrics Imports

Imports into Germany

Glass fibre fabrics imports into Germany shrank to X tons in 2022, dropping by -7.5% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, glass fibre fabrics imports declined to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest glass fibre fabrics supplier to Germany, with a 34% share of total imports. Moreover, glass fibre fabrics imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), fivefold. Latvia (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic stood at +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-1.0% per year) and Latvia (+27.6% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of glass fibre fabrics to Germany, comprising 20% of total imports. The second position in the ranking was taken by France ($X), with an 8% share of total imports. It was followed by the UK, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.1% per year) and the UK (-2.3% per year).

Import Prices by Country

In 2022, the average glass fibre fabrics import price amounted to $X per ton, declining by -3.4% against the previous year. Over the period under review, the import price saw a slight descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8.6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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