Netherlands: Market for Glass Fibre Chopped Strands 2024

Market Size for Glass Fibre Chopped Strands in the Netherlands

The Dutch glass fibre chopped strand market skyrocketed to $X in 2021, picking up by 132% against the previous year. Overall, consumption enjoyed a pronounced increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Glass Fibre Chopped Strands in the Netherlands

In value terms, glass fibre chopped strand production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a mild shrinkage. The growth pace was the most rapid in 2019 when the production volume increased by 59% against the previous year. Glass fibre chopped strand production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Glass Fibre Chopped Strands

Exports from the Netherlands

After two years of decline, shipments abroad of glass fibre chopped strands increased by 9% to X tons in 2021. Over the period under review, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -17.7% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 55% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass fibre chopped strand exports surged to $X in 2021. In general, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for glass fibre chopped strand exports from the Netherlands, with a 69% share of total exports. Moreover, glass fibre chopped strand exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+8.6% per year) and Italy (+4.0% per year).

In value terms, Germany ($X) remains the key foreign market for glass fibre chopped strands exports from the Netherlands, comprising 68% of total exports. The second position in the ranking was held by Belgium ($X), with a 15% share of total exports. It was followed by Italy, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+7.2% per year) and Italy (+5.0% per year).

Export Prices by Country

In 2021, the average glass fibre chopped strand export price amounted to $X per ton, rising by 11% against the previous year. Overall, the export price, however, showed a slight decrease. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and Poland ($X per ton), while the average price for exports to Germany ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Glass Fibre Chopped Strands

Imports into the Netherlands

After two years of decline, overseas purchases of glass fibre chopped strands increased by 23% to X tons in 2021. In general, imports showed a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 38%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, glass fibre chopped strand imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Egypt (X tons) and Belgium (X tons) were the main suppliers of glass fibre chopped strand imports to the Netherlands, with a combined 74% share of total imports. These countries were followed by France, Germany and Slovakia, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +101.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibre chopped strand suppliers to the Netherlands were Malaysia ($X), Belgium ($X) and France ($X), with a combined 71% share of total imports.

France, with a CAGR of +100.1%, 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

The average glass fibre chopped strand import price stood at $X per ton in 2021, jumping by 17% against the previous year. Overall, the import price, however, recorded a mild downturn. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, 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 Belgium ($X per ton), while the price for Egypt ($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 (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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