In 2023, Germany's import of voiles, webs, mats, mattresses, boards, and other articles of glass fibres stood at a notable level, although specific figures are not available. From 2024 to 2028, a gradual increase is forecasted in the import volume, growing from 140.23 million kilograms in 2024 to 145.99 million kilograms in 2028. Over this period, the year-on-year growth rates are modest yet consistent, averaging an annual increase rate of approximately 1.0% in the presented forecasts. The Compound Annual Growth Rate (CAGR) over these five years reflects consistent and stable growth, indicating a steady demand for these products in Germany.
Future trends to watch for include:
- Technological advancements in glass fibre manufacturing that may drive cost efficiency and enhance product quality.
- Increasing application of glass fibres across various industries, including automotive and construction, which could spur demand.
- Potential shifts in international trade policies and environmental regulations affecting the trade dynamics of glass fibres.