Earlier Report Observations
The Danish glass fibres market volume contracted from over 10,000 tonnes in 2018 to under 5,000 tonnes in 2020, aligning with a broader European trend of reduced production following a peak in 2017. A recovery to 5,842 tonnes occurred in 2021, coinciding with a peak in European glass fibre consumption which grew by 8.1% that year.
In 2022, demand from Denmark's wind energy sector surged as wind power met a record 53% of the country's electricity needs, sharply increasing the need for glass fibres in turbine blades. This drove import prices up by 41% and lifted import volumes to 11,211 tonnes. Subsequent years saw import volumes recede, and in 2024 new producer responsibility rules for packaging came into force, adding regulatory considerations for the market.
Throughout the period, the industry intensified its focus on sustainability and recycling, notably through projects like DecomBlades which aimed to recycle glass fibre from decommissioned wind turbine blades. These circular economy initiatives supported innovation but did not reverse the overall decline in trade activity after the 2022 spike.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2021
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2021
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4.1.2. In value
- 4.1.2.1. Production, 2018-2021
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2018-2021
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Denmark
- 5.1.1. In kind, 2018-2021, t
- 5.1.2. In value, 2018-2021, K $ US
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5.2. Production in the EU, 2018-2021
- 5.2.1. In kind, 2018-2021, t
- 5.2.2. In value, 2018-2021, K $ US
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5.1. Production in Denmark
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production glass fibres in Denmark
In value, 2018-2021, K $ US
In 2021, Denmark's glass fibre production was valued at 11 458 thousand US dollars, marking a 33.2% increase from the previous year. Production reached its lowest point in 2020 at 8 603 thousand US dollars, which saw the largest decline of 22.1%. Over the period from 2018 to 2021, production grew by 25.6%, translating to an annualized growth rate of 7.9%.
Annual dynamics of production in Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 21.0% | (22.1%) | 33.2% | 7.9% |
In kind, 2018-2021, t
In 2021, Denmark produced 8 848 tonnes of glass fibres, representing a significant 64.3% increase compared to 2020. Production hit its minimum in 2020 at 5 386 tonnes, which experienced the largest decline of 25.2%. From 2018 to 2021, production rose by 51.9%, averaging an annual growth rate of 14.9%.
Annual dynamics of production in Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 23.5% | (25.2%) | 64.3% | 14.9% |
Exports glass fibres from Denmark
Exports in kind, t
Denmark's glass fibre exports have grown for the third consecutive year. In 2021, exports reached 9 722 tonnes, up by 42.6% from 2020. Between 2018 and 2021, exports increased by 81%, with an annualized growth rate of 21.9%.
Annual dynamics of product's exports from Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 15.5% | 9.9% | 42.6% | 21.9% |
From 2018 to 2021, the main destinations for Denmark's glass fibre exports in kind were Czechia, Germany, and Belgium. Czechia accounted for 31.1% of exports, Germany for 25.3%, and Belgium for 9.7%, together making up 66.1% of total exports.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Denmark in kind, 2018-2021
Exports in value, K $ US
Denmark's glass fibre exports in value terms have increased for the third year in a row. In 2021, exports amounted to 12 574 thousand US dollars, a 10.4% rise from 2020. Over the 2018-2021 period, exports grew by 43.6%, with an annualized rate of 12.8%.
Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 22.2% | 6.4% | 10.4% | 12.8% |
Between 2018 and 2021, Denmark's glass fibre exports in value terms were distributed across numerous countries. Czechia accounted for 12.1% of exports, Germany for 10.0%, and the United Kingdom for 9.7%, collectively representing 31.8% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Denmark in value, 2018-2021
Imports glass fibres to Denmark
Imports in kind, t
After a two-year decline, Denmark's glass fibre imports in kind increased in 2021. Imports stood at 6 717 tonnes, showing a modest 5.2% advance from the previous year. The lowest point was in 2020 at 6 384 tonnes, which saw the largest decline of 20.9%. Over the 2018-2021 period, imports decreased by 29.8%, with a compound annual growth rate of -11.1%.
Annual dynamics of product's imports to Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.7%) | (20.9%) | 5.2% | (11.1%) |
From 2018 to 2021, the key sources for Denmark's glass fibre imports in kind were China, Belgium, and Bahrain. Together, these three markets accounted for 77.1% of total imports.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Denmark in kind, 2018-2021
Imports in value, K $ US
Following a two-year decline, Denmark's glass fibre imports in value terms rose in 2021. Imports totaled 14 411 thousand US dollars, reflecting a sharp 27.3% increase from the previous year. The minimum value was recorded in 2020 at 14 411 thousand US dollars, which experienced the largest decline of 20.7%. Over the 2018-2021 period, imports decreased by 6.4%, with a compound annual growth rate of -2.2%.
Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.2%) | (20.7%) | 27.3% | (2.2%) |
Between 2018 and 2021, the primary markets for Denmark's glass fibre imports in value terms were Poland, China, and Belgium. Poland contributed 53.9% of imports, China 15.3%, and Belgium 12.7%, together accounting for 81.8% of total import value.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Denmark in value, 2018-2021
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