Benelux: Glass Fibre Fabrics Market 2024

Glass Fibre Fabrics Market Size in Benelux

In 2022, the Benelux glass fibre fabrics market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Glass Fibre Fabrics Production in Benelux

In value terms, glass fibre fabrics production soared to $X in 2022 estimated in export price. In general, production, however, saw a perceptible reduction. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Glass Fibre Fabrics Exports

Exports in Benelux

In 2022, exports of glass fibre fabrics in Benelux fell to X tons, with a decrease of X% compared with the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, glass fibre fabrics exports dropped to $X in 2022. Total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Belgium (X tons) was the key exporter of glass fibre fabrics, making up X% of total exports. It was distantly followed by the Netherlands (X tons), generating a X% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of glass fibre fabrics. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest glass fibre fabrics supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

In Belgium, glass fibre fabrics exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Glass Fibre Fabrics Imports

Imports in Benelux

In 2022, approx. X tons of glass fibre fabrics were imported in Benelux; shrinking by X% on 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, glass fibre fabrics imports contracted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) dominates imports structure, together mixing up X% of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest glass fibre fabrics importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X), with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, saw a mild expansion. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :