Italy: Glass Fibre Fabrics Market 2022

Glass Fibre Fabrics Market Size in Italy

The Italian glass fibre fabrics market soared to $X in 2021, increasing by X% against the previous year. Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Glass Fibre Fabrics Production in Italy

In value terms, glass fibre fabrics production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Glass Fibre Fabrics Exports

Exports from Italy

In 2021, shipments abroad of glass fibre fabrics increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre fabrics exports surged to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Spain (X tons) were the main destinations of glass fibre fabrics exports from Italy, together accounting for X% of total exports. Brazil, Austria, Turkey, Tunisia, Switzerland, the Czech Republic, Hungary, the Netherlands, the United States and Croatia lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fibre fabrics exported from Italy were Germany ($X), Hungary ($X) and France ($X), together accounting for X% of total exports. The Czech Republic, Turkey, Spain, the United States, Croatia, Switzerland, Brazil, Austria, the Netherlands and Tunisia lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fibre fabrics export price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Hungary ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Fabrics Imports

Imports into Italy

In 2021, approx. X tons of glass fibre fabrics were imported into Italy; growing by X% against 2020. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, glass fibre fabrics imports skyrocketed to $X in 2021. Overall, total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic (X tons), Romania (X tons) and Turkey (X tons) were the main suppliers of glass fibre fabrics imports to Italy, with a combined X% share of total imports. These countries were followed by Hungary, Croatia, Latvia, Germany, Belgium, China, Belarus, the United States, Moldova and France, which together accounted for a further X 2012 to 2021, the biggest increases were in Moldova (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the United States ($X) and Germany ($X) constituted the largest glass fibre fabrics suppliers to Italy, together accounting for X% of total imports. Croatia, Hungary, France, Turkey, China, Latvia, Belgium, Romania, Belarus and Moldova lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fibre fabrics import price stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the import price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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