Report Update Nov 1, 2024

Luxembourg - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Glass Fibre Filament Market 2024

Glass Fibre Filament Market Size in Luxembourg

In 2021, the Luxembourg glass fibre filament market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Glass Fibre Filament Production in Luxembourg

In value terms, glass fibre filament production stood at $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 33%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Glass Fibre Filament Exports

Exports from Luxembourg

After two years of decline, overseas shipments of glass fibre filaments decreased by 0% to X kg in 2021. In general, exports saw a significant contraction. The smallest decline of 99.9% was in 2019. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, glass fibre filament exports amounted to $X in 2021. Over the period under review, exports faced a dramatic setback. The smallest decline of 99.9% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for glass fibre filament exports from Luxembourg, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

The average glass fibre filament export price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-30.6%).

Glass Fibre Filament Imports

Imports into Luxembourg

In 2021, after six years of decline, there was significant growth in supplies from abroad of glass fibre filaments, when their volume increased by 208% to X kg. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 1,614%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, glass fibre filament imports skyrocketed to $X in 2021. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by 602% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X kg) constituted the largest supplier of glass fibre filament to Luxembourg, accounting for a 84% share of total imports. Moreover, glass fibre filament imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X kg), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +84.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and Austria (-42.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of glass fibre filaments to Luxembourg, comprising 62% of total imports. The second position in the ranking was held by Germany ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to +95.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.7% per year) and Austria (-21.3% per year).

Import Prices by Country

In 2021, the average glass fibre filament import price amounted to $X per ton, shrinking by -46.2% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 185% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre filaments in the world?

The countries with the highest volumes of glass fibre filament consumption in 2021 were China, the United States and India, with a combined 39% share of global consumption. Russia, Brazil, Bangladesh, Japan, Mexico, Turkey, France, Thailand, Spain and Australia lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of glass fibre filaments in the world?

China constituted the country with the largest volume of glass fibre filament production, accounting for 33% of total volume. Moreover, glass fibre filament production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of glass fibre filaments to Luxembourg?

In value terms, Belgium constituted the largest supplier of glass fibre filament to Luxembourg, comprising 56% of total imports. The second position in the ranking was occupied by Germany, with a 17% share of total imports. It was followed by France, with a 16% share.

What is the average export price for glass fibre filaments in Luxembourg?

The average glass fibre filament export price stood at $1,108 per ton in 2021, remaining stable against the previous year.

What is the average import price for glass fibre filaments in Luxembourg?

The average glass fibre filament import price stood at $37,844 per ton in 2021, growing by 40% against the previous year.

This report provides an in-depth analysis of the glass fibre filament market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23141130 - Glass fibre filaments (including rovings)

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023