Key Market Indicators
Saudi Arabia's glass fiber imports are projected to drop to 10 million kilograms by 2026, down from 12.8 million kilograms in 2021. This would be a 3.6% decrease year-on-year on average. Since 1996, the country has seen a 2.2% year-on-year decline in imports. Meanwhile, Saudi Arabia's glass fiber exports are projected to increase to 65 million kilograms by 2026, up from 54.6 million kilograms in 2021. This would be a 3% year-on-year compound annual growth rate. Since 1996, the country has seen a 23.3% year-on-year rise in exports. In 2021, Germany topped the rankings with 54.6 million kilograms, followed by Belgium, Germany and Saudi Arabia in second, third and fourth place, respectively.
