China dominates the global export market of mats of glass fibres, holding nearly 29% of the market share in USD terms, with significant positive growth in 2023. Germany and the United States follow, showing modest growth. Italy and France remain stable but with minor variations. Emerging exporters like Thailand and Belarus display robust growth, while more traditional markets such as the UK and Japan face declines. Notably, Greece and Saudi Arabia posted significant growth in 2023, while Moldova experienced an exceptional increase, albeit from a smaller base.
Future trends to watch include China's continued market leadership, potential growth in emerging markets like Thailand, Belarus, and Saudi Arabia, and the recovery or further decline in key traditional exporters like Japan. The volatile economic landscape and technological innovations in production may also influence shifts in market shares.
Top countries in Export of Mats of Glass Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 28.94 | 2023 | +4.76% | +4.75% | View data |
| 2 | 2 Germany | 14.28 | 2023 | +2.13% | +1.49% | View data |
| 3 | 3 United States | 11.19 | 2023 | +0.45% | +1.01% | View data |
| 4 | 4 Italy | 8.1 | 2023 | +0.0046% | -0.73% | View data |
| 5 | 5 France | 7.2 | 2023 | +1.88% | +1.62% | View data |
| 6 | 6 Thailand | 4.3 | 2023 | +5.46% | +6.51% | View data |
| 7 | 7 Canada | 3.5 | 2023 | -2.18% | -0.34% | View data |
| 8 | 8 Belgium | 3.39 | 2023 | -5.22% | -4.96% | View data |
| 9 | 9 Russia | 2.74 | 2023 | +4.15% | +2.3% | View data |
| 10 | 10 Poland | 2.47 | 2023 | +3.5% | +2.41% | View data |
