The import of staple glass fibre articles to Germany is forecasted to increase steadily from 2024 to 2028. In 2023, the volume stood at 4.175 million kilograms, indicating a consistent upward trend. The year-on-year growth rates for 2024 and 2025 are expected to be around 2.3% and 2.5%, respectively. The overall compound annual growth rate (CAGR) from 2023 to 2028 is projected to be approximately 2.2%, showing a modest but stable growth pattern.
Future trends to watch for:
- Technological advancements in glass fibre production may increase efficiency and reduce costs.
- Environmental policies in Germany could impact import volume by encouraging sustainable materials usage.
- Fluctuations in global supply chains and transportation costs might influence import levels.