The import of glass fibres and glass wool to Spain stood at 330.00 million USD in 2023, showing a stable increase from previous years. Forecasted values from 2024 to 2028 indicate a consistent upward trend, with year-on-year variations approximately around 1.88%. Over the next five years, this sector shows a compounded annual growth rate (CAGR) of about 1.82%, reflecting sustained demand and market expansion.
Future trends to watch for include technological advancements in glass fibre production, changes in trade regulations, and potential fluctuations in the construction and automotive sectors, which are major consumers of these materials.
