The import of glass fibres and glass wool to Poland has seen various fluctuations over the past years. From 2013 to 2023, the value demonstrates an overall growth trend with some years showing significant increases, such as 2018, and others experiencing declines. In 2023, the import value stood at USD 351.06 million, representing a modest year-on-year increase of 3.01% from 2022. Notably, the 5-year CAGR from 2018 to 2023 was 1.62%, indicating steady but modest growth.
Looking forward, from 2024 onwards, the forecast suggests a continuous gradual increase with a forecasted value reaching USD 404.67 million by 2028. The projected 5-year CAGR from 2024 to 2028 is 2.24%, which implies a stable growth rate over the next five years.
Future trends to watch for include:
- Technological advancements in insulation and composite materials.
- Potential regulatory changes impacting import tariffs and trade policies.
- Shifts in construction and automotive industry demands.
- Economic fluctuations that might impact the global supply chain and prices.