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EU Glass Fiber Fabrics Market Report: Size, Suppliers,

Companies mentioned in the report: Trelleborg Engineered Coated Fabrics, Saint Gobain ADFORS, Resolite, JPS Composite Materials Corp., Fibergrate Composite Structures, Atkins & Pearce, Composite Resources, Molded Fiber Glass Companies, Advanced Fiber Products, Vanderveer Industrial Plastics, 3B Fibreglass, Ecu Worldwide GmbH, Johns Manville , Rohlig Deutschland GmbH & Co. KG, Suony Fiber Glass India Private Limited, Jyoti Fiber Glass Works, CPIC Brazil Ltda Glass Fibers, Sinoma Pangbeijie Jinjing Glass Fiber Co., Shandong Glass Group, Weifang Henglian Glass Paper Co., Taishan Glass Fiber Co. . .,

NEW YORK, 01 July 2022 (GLOBE NEWSWIRE) — IndexBox just released a new report: “EU – Glass Fiber Fabrics – Market Analysis, Forecast, Size, Trends and Insights.” Here is a summary of the main findings of the report.

EU fiberglass fabric Market statistics

Imports $1,204.8 million
Exports $1,282.1 million
Main importers Germany, Italy, France
Main exporters Czech Republic, Germany, Belgium

The European fiberglass fabric market notably grew to reach $1.5 billion in 2021, up 6.8% year-on-year. Germany, France and Italy were the countries with the highest levels of market value in 2021, with a combined share of 44% of the total market. These countries were followed by Spain, Sweden, Poland, the Netherlands, Belgium, Austria, Romania, Portugal and Bulgaria, which together accounted for an additional 41%. REQUEST FREE DATA

Exports of fiberglass fabrics from the EU

After two years of decline, overseas shipments of fiberglass fabrics increased by 18% to reach 237K tons in 2021. Total export volume increased at an average annual rate of +4.5% over the period 2011 to 2021. REQUEST FREE DATA

In value, exports soared to $1.3 billion in 2021. Total export value grew at an average annual rate of +2.4% over the period 2011 to 2021. REQUEST FREE DATA

Exports by country

The Czech Republic was the main exporting country with an export of around 79,000 tons, which reached 33% of the total volume. Germany (26,000 tonnes) accounted for 11% of total exports, which places it in second place, followed by Belgium (10%), Latvia (8.5%), Hungary (7.7 %) and Italy (4.6%). The following exporters – France (11K tons), Slovakia (9.2K tons), Austria (6.6K tons), Poland (6.4K tons), Spain (6K tons), Croatia (5.7K tons) and the Netherlands (4.2K tonnes) – together accounted for 21% of total supplies.

In terms of value, the main countries supplying fiberglass fabrics to the European Union were the Czech Republic ($266 million), Germany ($244 million) and Belgium ($141 million), with a combined share of 51% of total exports. These countries were followed by France, Italy, Latvia, Spain, Hungary, the Netherlands, Austria, Poland, Slovakia and Croatia, which together accounted for an additional 44%.

Croatia, with a CAGR of +16.9%, recorded the highest growth rate in export value among major exporting countries over the past decade. Deliveries from the other leaders experienced more modest growth rates.

Export prices by country

In 2021, the export price to the European Union was $5,420 per ton, up 5% from the previous year. Prices varied significantly by country of origin: the country with the highest price was France ($12,440 per ton), while Slovakia ($2,906 per ton) was among the lowest. From 2011 to 2021, the most notable growth rate in terms of prices was achieved by Spain (+6.0%), while the other leaders experienced more modest growth rates.

Imports of fiberglass fabrics from the EU

In 2021, approx. 274K tonnes of fiberglass fabrics were imported into the European Union; up 16% over the previous year. The total volume of imports increased at an average annual rate of +2.8% over the period 2011-2021.

In value, imports jumped to $1.2 billion in 2021. Total import value increased at an average annual rate of +2.2% from 2011 to 2021.

Imports by country

In 2021, Germany (56K tons), followed far behind by Italy (33K tons), Poland (31K tons), France (21K tons), Spain (21K tons), Hungary (15K tons ), Romania (14K tons) and Austria (12K tons) were the largest importers of fiberglass fabrics, together creating 74% of the total volume. Slovakia (9.2K tons), the Netherlands (9.2K tons), Belgium (8K tons), the Czech Republic (6.9K tons) and Portugal (6.1K tons) occupied a small share of total imports.

By value, Germany ($282 million) is the largest market for fiberglass fabrics imported into the European Union, accounting for 23% of total purchases. The second position in the ranking was occupied by Italy (121 million dollars), with a share of 10% of total imports. It was followed by France, with a share of 9.7%.

From 2011 to 2021, the average annual growth rate in value in Germany is +1.1%. The other importing countries recorded the following average annual import growth rates: Italy (+3.3% per year) and France (-0.7% per year).

Import prices by country

The EU import price was $4,391 per ton in 2021, up 10% from the previous year. Prices varied significantly depending on the country of destination: the country with the highest price was the Netherlands ($7,403 per ton), while Slovakia ($2,200 per ton) was among the lowest. From 2011 to 2021, the most notable growth rate in terms of prices was achieved by the Netherlands (+5.8%), while the other leaders experienced more modest growth rates.

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Product coverage

Fiberglass woven fabrics.

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