In 2023, Germany dominated the European market for glass fibre products with a production value of €683.99 million, showing a robust year-on-year increase of 10.9%. France followed with €547.53 million, despite a 2.35% decline. The UK grew by 1.73%, reaching €423.39 million. Belgium maintained stability with no change, while Poland and Italy showed growth at 3.95% and 4.78%, respectively. Other countries like Finland and Denmark exhibited modest gains, whereas Estonia suffered a significant drop of 65.44%.
Future trends to watch include technological advancements increasing production efficiency, geopolitical factors influencing trade dynamics, and environmental regulations impacting production processes. Demand from the automotive and construction sectors is expected to drive growth, with Eastern European countries potential hotspots for expanding manufacturing capabilities.
Top countries in Sold Production of Voiles, Webs, Mats, Mattresses, Boards and Other Articles of Glass Fibres by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 683,990,000 | 2023 | +1.17% | +10.9% | View data |
| 2 | 2 France | 547,530,000 | 2023 | +2.46% | -2.35% | View data |
| 3 | 3 United Kingdom | 423,390,000 | 2023 | +1.29% | +1.73% | View data |
| 4 | 4 Belgium | 247,200,000 | 2023 | +11.36% | View data | |
| 5 | 5 Poland | 183,020,000 | 2023 | +4.07% | +3.95% | View data |
| 6 | 6 Finland | 143,440,000 | 2023 | +2.6% | +0.81% | View data |
| 7 | 7 Denmark | 142,050,000 | 2023 | +13.17% | +3.59% | View data |
| 8 | 8 Italy | 139,470,000 | 2023 | +21.01% | +4.78% | View data |
| 9 | 9 Sweden | 70,871,000 | 2023 | +2.91% | View data | |
| 10 | 10 Lithuania | 36,981,000 | 2023 | +4.93% | +3.58% | View data |
