United Kingdom: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in the UK

The UK non-woven glass fibre articles market contracted remarkably to $X in 2021, waning by -17.5% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in the UK

In value terms, non-woven glass fibre articles production contracted to $X in 2021 estimated in export price. Overall, production, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 28%. Non-woven glass fibre articles production peaked at $X in 2020, and then fell in the following year.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from the UK

In 2021, the amount of non-woven glass fibre webs, felts, mattresses and boards exported from the UK amounted to X tons, growing by 5.6% against the previous year's figure. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 180%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, non-woven glass fibre articles exports rose sharply to $X in 2021. Over the period under review, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 98% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Australia (X tons), Belgium (X tons) and France (X tons) were the main destinations of non-woven glass fibre articles exports from the UK, together comprising 30% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +111.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Australia ($X) and Ireland ($X) were the largest markets for non-woven glass fibre articles exported from the UK worldwide, together comprising 21% of total exports.

Australia, with a CAGR of +68.2%, saw the highest growth rate of the value of exports, among 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

In 2021, the average non-woven glass fibre articles export price amounted to $X per ton, growing by 4.3% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 12%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Australia ($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 the United States (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into the UK

In 2021, non-woven glass fibre articles imports into the UK expanded to X tons, increasing by 3.5% against the previous year. In general, imports recorded a perceptible increase. The pace of growth appeared the most rapid in 2014 with an increase of 51% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, non-woven glass fibre articles imports surged to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.5% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by 30%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Belgium (X tons), Russia (X tons) and Italy (X tons) were the main suppliers of non-woven glass fibre articles imports to the UK, together comprising 49% of total imports. These countries were followed by China, Sweden, Egypt, Finland, France, Germany and the United States, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +628.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-woven glass fibre articles suppliers to the UK were Sweden ($X), Belgium ($X) and the United States ($X), together accounting for 40% of total imports. China, Italy, France, Russia, Egypt, Finland and Germany lagged somewhat behind, together comprising a further 45%.

In terms of the main suppliers, Egypt, with a CAGR of +577.6%, saw 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 non-woven glass fibre articles import price stood at $X per ton in 2021, picking up by 13% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 47%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Russia ($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 United States (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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