Turkey: Market for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles 2025

Market Size for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in Turkey

For the sixth year in a row, the Turkish market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles recorded growth in sales value, which increased by 49% to $X in 2021. Overall, consumption continues to indicate a buoyant increase. Consumption of peaked in 2021 and is likely to see steady growth in years to come.

Production of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in Turkey

In value terms, production of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles reduced to $X in 2021 estimated in export price. Over the period under review, production saw a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 131% against the previous year. Over the period under review, production of hit record highs at $X in 2020, and then contracted in the following year.

Exports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Exports from Turkey

In 2021, approx. X tons of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles were exported from Turkey; jumping by 180% against the year before. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles surged to $X in 2021. In general, exports enjoyed measured growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from Turkey, with a 44% share of total exports. Moreover, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to Italy exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+161.1% per year) and Germany (-4.4% per year).

In value terms, Italy ($X) remains the key foreign market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles exports from Turkey, comprising 39% of total exports. The second position in the ranking was held by Hungary ($X), with a 16% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+146.2% per year) and Germany (-6.1% per year).

Export Prices by Country

The average export price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2021, with an increase of 9.7% against the previous year. Over the period under review, the export price, however, recorded a perceptible decline. The growth pace was the most rapid in 2016 when the average export price increased by 10%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Italy ($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 Iran (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles

Imports into Turkey

In 2021, supplies from abroad of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles increased by 251% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles skyrocketed to $X in 2021. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Egypt (X tons), China (X tons) and Bahrain (X tons) were the main suppliers of imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles to Turkey, together accounting for 74% of total imports. These countries were followed by the United States, Norway, Malaysia, the UK and Slovakia, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of +75.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), China ($X) and Bahrain ($X) were the largest glass fibre filament, roving, and staple glass fibre article suppliers to Turkey, together comprising 68% of total imports. These countries were followed by the United States, Norway, Malaysia, the UK and Slovakia, which together accounted for a further 23%.

In terms of the main suppliers, Norway, with a CAGR of +77.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2021, increasing by 19% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 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 Norway ($X per ton), while the price for Egypt ($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 (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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