Key Market Indicators
In 2021, Japan was the leading importer of Thai Glass Fiber, accounting for 4,034,800 Kilograms, followed by Germany, Belgium and Saudi Arabia, which respectively imported 562,800, 345,600 and 200,000 Kilograms. Thai exports of glass fiber are expected to drop by 4% to 1.6 million kilograms in 2026, from 2.1 million kilograms in 2021. Since 1994, Thai supply has increased by 2.5% each year. In 2021, Japan was the top exporter with 2.1 million kilograms, followed by Belgium, Germany and Saudi Arabia. Imports of Thai glass fiber will decline by 2.2% to 3.5 million kilograms in 2026, from 4 million kilograms in 2021. Since 1993, Thai demand has decreased by 2.6% each year. In 2021, Japan accounted for the majority of imports at 4 million kilograms, followed by Germany, Belgium and Saudi Arabia at 562,800, 345,600 and 200,000 kilograms respectively.