The year-on-year variations for the import of glass fibres and glass wool to Austria are as follows:
- 2024: $201.49 million
- 2025: $204.59 million (1.54% increase)
- 2026: $207.63 million (1.48% increase)
- 2027: $210.6 million (1.43% increase)
- 2028: $213.52 million (1.39% increase)
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.46%, indicating a stable and consistent increase in imports.
Future Trends
The upward trend in the import of glass fibres and glass wool to Austria is expected to continue, driven by increasing demand in various industries such as construction and automotive. Innovations in glass fibre technology and sustainable building materials are key factors to monitor as they may significantly impact future import values.
