The import of woven fabrics of glass fibre to Germany is projected to see steady growth from 2024 to 2028, starting at 56.238 million kilograms and reaching 60.005 million kilograms in 2028. In 2023, the import value was slightly below the forecasted 2024 level. This represents a year-on-year growth rate of approximately 1.7% to 1.5% annually. The compound annual growth rate (CAGR) over this five-year forecast period is approximately 1.65%.
Future trends to watch for:
- Technological advancements in glass fibre production could influence import volumes.
- Changes in regulatory standards for construction and automotive industries may impact demand.
- Geopolitical factors and trade policies could alter the supply dynamics.
