In 2023, Belgium leads Europe's export of glass fibres, with a significant share of 23.48% by volume. France and Germany follow, representing 11.75% and 10.63% respectively. Among smaller players, notable growth comes from Romania and Portugal with an increase of 9.11% and 36.09% year-on-year. Conversely, Malta shows a sharp decline at -53.84%, and Bulgaria follows at -17.55%. Over the past five years, countries like Belgium, Spain, and Luxembourg have seen promising average annual growth rates, while others like Finland and Hungary have declined.
Looking forward, key trends to observe in European glass fibre export include the potential for emerging markets to increase their share due to technological advancements and increasing demand for high-quality glass fibre products. Environmental regulations and sustainable practices are expected to play a pivotal role in shaping the growth and direction of the sector.
Top countries in Export of Glass Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 23.48 | 2023 | +2.57% | +3.06% | View data |
| 2 | 2 France | 11.75 | 2023 | +4.59% | +1.14% | View data |
| 3 | 3 Germany | 10.63 | 2023 | +2.21% | +1.33% | View data |
| 4 | 4 Netherlands | 9.75 | 2023 | +7.2% | +1.47% | View data |
| 5 | 5 United Kingdom | 7.83 | 2023 | +1.41% | +1.2% | View data |
| 6 | 6 Czechia | 7.03 | 2023 | |||
| 7 | 7 Slovakia | 6.85 | 2023 | +1.42% | +0.9% | View data |
| 8 | 8 Italy | 4.3 | 2023 | +1.27% | +0.78% | View data |
| 9 | 9 Denmark | 3.66 | 2023 | +8.23% | +0.62% | View data |
| 10 | 10 Spain | 3.65 | 2023 | +1.91% | +3.38% | View data |
