The United Kingdom leads in the European sold production of woven fabrics of glass fiber with 195.68 million kilograms, despite a slight decline of -1.01% in 2023. Italy and Germany follow with 28.471 and 25.373 million kilograms respectively, experiencing modest increases of 1.82% and 0.17%. Spain and Belgium saw mixed performances, with a small increase of 0.39% for Spain and a decline in Belgium at -1.89%. France's production decreased significantly by -3.31%, contrasting with the Netherlands' robust growth of 8.7%. Meanwhile, Eastern European countries like Poland and Croatia showed positive trends with year-on-year increases of 4.33% and 0.97% respectively.
The upward trend for the Netherlands demonstrates strong potential, whereas Slovakia and Denmark present contrasting situations with significant negative and positive variations, respectively, due to their smaller production scales. Over the last five years, the Compound Annual Growth Rate offers insight into differing national dynamics in the glass fiber fabric industry.
Future trends to watch include technological advancements, sustainability initiatives, and evolving demand in construction and automotive industries affecting glass fiber usage. Nations like the Netherlands may continue to expand their market share, while others like France might need strategic interventions to reverse current declines.
Top countries in Sold Production of Woven Fabrics of Glass Fibre by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 195,680,000 | 2023 | -3.57% | -1.01% | View data |
| 2 | 2 Italy | 28,471,000 | 2023 | +3.14% | +1.82% | View data |
| 3 | 3 Germany | 25,373,000 | 2023 | +0.56% | +0.17% | View data |
| 4 | 4 Spain | 24,770,000 | 2023 | +7.07% | +0.39% | View data |
| 5 | 5 Belgium | 20,728,000 | 2023 | +0.28% | -1.89% | View data |
| 6 | 6 France | 20,430,000 | 2023 | +3.17% | -3.31% | View data |
| 7 | 7 Netherlands | 8,820,500 | 2023 | +15.36% | +8.7% | View data |
| 8 | 8 Austria | 4,785,700 | 2021 | +18.25% | View data | |
| 9 | 9 Poland | 4,184,900 | 2023 | +2.68% | +4.33% | View data |
| 10 | 10 Croatia | 3,948,700 | 2023 | +0.79% | +0.97% | View data |