The import of woven fabrics of glass fibre to Sweden is forecasted to decline steadily over the next five years. In 2023, the import volume stood at 2.13 million kilograms. Forecasted data indicates a year-on-year decrease of 4.6% from 2024 to 2025, 4.8% from 2025 to 2026, 4.9% from 2026 to 2027, and 5.1% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for the period between 2023 and 2028 is projected to be -5%.
Future trends to watch for include:
- Global shifts in manufacturing and technology that could affect production efficiency.
- Potential changes in trade policies or tariffs that could impact import volumes.
- Advancements in alternative materials that may substitute woven glass fibres.
- Market demand fluctuations influenced by new industries or technological advancements requiring glass fibre materials.