Global Glass Fibre Fabrics Market 2024

Glass Fibre Fabrics Market Size

The global glass fibre fabrics market totaled $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a pronounced 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the global market remained at a somewhat lower figure.

Glass Fibre Fabrics Production

In value terms, glass fibre fabrics production totaled $X in 2022 estimated in export price. Overall, the total production indicated a measured increase 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, global production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Glass Fibre Fabrics Exports

Exports

In 2022, the amount of glass fibre fabrics exported worldwide fell markedly to X tons, waning by X% on the previous year. In general, exports continue to indicate a mild decrease. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then fell significantly in the following year.

In value terms, glass fibre fabrics exports shrank dramatically to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined markedly in the following year.

Exports by Country

In 2022, the Czech Republic (X tons), distantly followed by Belarus (X tons), Germany (X tons), Belgium (X tons), Taiwan (Chinese) (X tons) and Latvia (X tons) represented the largest exporters of glass fibre fabrics, together committing X% of total exports. Hong Kong SAR (X tons), Hungary (X tons), Serbia (X tons), Turkey (X tons), India (X tons), Italy (X tons) and Morocco (X tons) followed a long way behind the leaders.

Exports from the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), Serbia (X%), India (X%), Turkey (X%), Hungary (X%), Latvia (X%), Hong Kong SAR (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Germany, Italy and Belgium experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.), Serbia (X p.p.), India (X p.p.), Morocco (X p.p.), Turkey (X p.p.), Latvia (X p.p.), Hungary (X p.p.), Hong Kong SAR (X p.p.) and Belarus (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X), Germany ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Hong Kong SAR, Belgium, Italy, Latvia, Belarus, Turkey, Hungary, Serbia, India and Morocco lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fibre fabrics export price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other global leaders experienced more modest paces of growth.

Glass Fibre Fabrics Imports

Imports

In 2022, global imports of glass fibre fabrics reduced notably to X tons, which is down by X% against 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, glass fibre fabrics imports contracted to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Germany (X tons) and Turkey (X tons) were the key importers of glass fibre fabricsin the world, together finishing at approx. X% of total imports. Italy (X tons) held the next position in the ranking, followed by Poland (X tons) and Mexico (X tons). All these countries together held near X% share of total imports. China (X tons), Japan (X tons), Spain (X tons), France (X tons), South Korea (X tons), the United States (X tons), Romania (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mexico (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest glass fibre fabrics importing markets worldwide were Germany ($X), China ($X) and South Korea ($X), together accounting for X% of global imports. Japan, the United States, Mexico, France, Italy, Turkey, Poland, Spain, Hungary and Romania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fibre fabrics import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Turkey ($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 United States (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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