The Woven Fabrics of Glass Fibre Market in Denmark has experienced significant volume decline from 2012 to 2022, illustrating a long-term negative trend. From 2012's volume of 9.272 million kilograms, it decreased annually, reaching 3.3642 million kilograms by 2022. The most substantial year-on-year decrease occurred in 2020 with a drop of 24.95%, contrasting with a slight recovery in 2021, which saw a growth of 9.22%. The 5-year CAGR up to 2022 is -8.59%, underscoring an overall contraction in market volume.
Future trends to watch for include advancements in glass fibre technology, potential shifts towards sustainable and eco-friendly alternatives, and a possible market rebound driven by increased infrastructural investment and economic recovery post-pandemic.
How does Denmark rank in Woven Fabrics of Glass Fibre Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 194,060,000 | 2023 | -2.69% | -1.32% | View data |
| 2 | 2 Germany | 56,519,000 | 2023 | +1.09% | +0.89% | View data |
| 3 | 3 Spain | 43,418,000 | 2023 | +7.24% | +2.5% | View data |
| 4 | 4 Italy | 42,778,000 | 2023 | +3.1% | +3.71% | View data |
| 5 | 5 France | 33,119,000 | 2023 | +2.09% | +2.23% | View data |
| 6 | 6 Poland | 30,601,000 | 2023 | +0.95% | +4.04% | View data |
| 7 | 7 Denmark | 2,993,500 | 2023 | -11.02% | -8.42% |
