Germany leads the import of woven fabrics of glass fibre in Europe with a substantial volume of 55.272 Million Kilograms in 2023, though its growth has stagnated at a mere 0.64% year-on-year. Italy and Poland follow with significant imports at 38.794 and 31.58 Million Kilograms respectively, experiencing 14.73% and 3.16% growth. France experienced a slight decline of 1.78%, marking a negative trend among major importers. Smaller nations like Malta and Cyprus saw substantial year-on-year increases of 17.88% and 8.67% respectively, indicating emerging markets. Finland showed a decline of 3.83%, a point of concern for stable market trends. Overall, countries like Germany, Italy, and Poland continued to dominate while others like Malta and Cyprus showed potential for rapid growth.
Future trends to watch include a potential market shift towards countries exhibiting high year-on-year growth such as Greece and Croatia, indicative of emerging markets. Additionally, Italy's substantial growth may signal its increasing reliance on imported woven fabrics of glass fibre, setting a trend for increased volumes in the future. Observers should also consider potential policy changes in major importing countries that could influence trade dynamics.
Top countries in Import of Woven Fabrics of Glass Fibre by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55,272,000 | 2023 | +1.8% | +0.64% | View data |
| 2 | 2 Italy | 38,794,000 | 2023 | +9.72% | +14.73% | View data |
| 3 | 3 Poland | 31,580,000 | 2023 | +2.5% | +3.16% | View data |
| 4 | 4 Spain | 21,693,000 | 2023 | +4.35% | +0.88% | View data |
| 5 | 5 France | 19,767,000 | 2023 | -0.00031% | -1.78% | View data |
| 6 | 6 Austria | 16,986,000 | 2023 | +8.87% | +0.43% | View data |
| 7 | 7 Czechia | 13,766,000 | 2023 | |||
| 8 | 8 Romania | 13,488,000 | 2023 | +2.6% | +4.63% | View data |
| 9 | 9 Slovakia | 12,735,000 | 2023 | +3.5% | +1.77% | View data |
| 10 | 10 Hungary | 10,550,000 | 2023 | +3.4% | +4.84% | View data |
