Key Market Indicators
Demand for glass fiber in Azerbaijan is set to decrease by 10.8% year on year on average over the next five years. In 2021, the country imported a total of 330,720 kilos of glass fiber, up 13.6% year on year since 2001. Export of glass fiber from Azerbaijan is projected to decrease by 26.9% in 2021 compared to 2020. Since 2001, the country's export of glass fiber has dropped by 31.7%. In 2021, Azerbaijan was ranked 94th in terms of export volume, with Montenegro ranking ahead of it at 183.76 kilos. Belgium, Germany and Saudi Arabia followed, in that order.
