In 2023, the import of mats of glass fibres to Germany stood at approximately 22.2 million kilograms. From 2024 to 2028, forecasts indicate a steady increase in imports, rising year-on-year by approximately 1.8% to 2.0%. The compound annual growth rate (CAGR) for this five-year period is projected around 1.7%, reflecting a consistent upward trajectory in the demand for these materials in Germany.
Future trends to monitor include:
- Technological advancements in glass fibre production and their impact on import demand.
- Possible shifts in domestic production or alternative materials gaining popularity.
- Economic conditions in Germany influencing construction and manufacturing sectors, key users of glass fibre mats.