Key Market Indicators
Demand for Moroccan Glass Fiber is expected to rise 4.5% year on year, from 4.72 million kilograms in 2021 to 6.16 million kilograms in 2026. Demand for Moroccan glass fiber is set to increase significantly in the coming years. In 2021, the country imported 4.72 million kilograms of glass fiber, a 33.1% year on year increase since 1998. This is expected to reach 6.16 million kilograms in 2026, rising at an average rate of 4.5% per year. Morocco is also an exporter of glass fiber, with 487,110 kilograms exported in 2021. This was a 14.2% year on year increase since 2000. Luxembourg overtook Morocco in the ranking, exporting 487,110 kilograms to claim the 40th spot. Belgium, Germany and Saudi Arabia came in at numbers 2, 3 and 4 respectively. Glass fiber export is projected to reach 627,130 kilograms in 2026, a 4.3% year on year CAGR.