The import of glass fibres, glass wool, and related articles to South Korea has shown a robust growth pattern, with some fluctuations. The year-on-year variation highlights notable growth periods, such as 2014 (12.15%), 2016 (16.8%), and 2021 (26.16%). However, declines were observed in 2019 (-0.38%) and 2020 (-12.8%). The 5-year CAGR averaged 2.96% from 2023 to 2028, indicating modest but steady improvements.
Future Trends: In the coming years, it is crucial to monitor advancements in manufacturing technologies and sustainability practices, as well as shifts in construction and automotive industries, which could significantly influence import volumes of glass fibres and related materials.
