In 2023, Italy led European production of glass fibre materials with a 44.21% share, experiencing a year-on-year increase of 13.54%. Norway followed closely with a 41.44% share and a 12.01% increase. Germany held a 10.08% share, despite a slight decline of 1.52%. France's notable growth of 68.85% boosted its share to 7.08%. The United Kingdom saw a significant decline of 24.69%, reducing its presence to 5.9%. Other countries like Denmark and Hungary saw minor changes, with Denmark increasing by 9.41% and Hungary experiencing a 20.4% decrease.
Future trends to watch include potential consolidation in leading countries like Italy and Norway, and recovery efforts in traditionally strong markets like the United Kingdom and Hungary. Factors like technological advancements, sustainability initiatives, and regulatory changes may influence production dynamics across Europe.
Top countries in Sold Production of Slivers, Rovings, Yarn and Chopped Strands of Glass Fibre Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44.21 | 2023 | +16.42% | +13.54% | View data |
| 2 | 2 Norway | 41.44 | 2023 | +28.71% | +12.01% | View data |
| 3 | 3 Germany | 10.08 | 2023 | +8.24% | -1.52% | View data |
| 4 | 4 France | 7.08 | 2023 | +0.0086% | +68.85% | View data |
| 5 | 5 United Kingdom | 5.9 | 2023 | +0.73% | -24.69% | View data |
| 6 | 6 Denmark | 3.86 | 2023 | +19.21% | +9.41% | View data |
| 7 | 7 Hungary | 0.34 | 2023 | -1.48% | -20.4% | View data |
| 8 | 8 Romania | 0.17 | 2023 | +7.47% | View data | |
| 9 | 9 Croatia | 0.013 | 2023 | +4.98% | +2.42% | View data |
| 10 | 10 Sweden | 0 | 2023 | +5% | View data |
