Glass Fabric Market Overview in Denmark
In value terms, glass fabric production amounted to $ in 2019 estimated in export prices. Over the period under review, production, however, posted a remarkable increase. The growth pace was the most rapid in 2011 when the production volume increased by % year-to-year. Glass fabric production peaked at $ in 2008; however, from 2009 to 2019, production failed to regain the momentum.
The size of the glass fabric market in Denmark shrank to $ in 2019, reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2014 indices. The pace of growth appeared the most rapid in 2008 with an increase of % against the previous year. Over the period under review, the market reached the peak level at $ in 2014; however, from 2015 to 2019, consumption remained at a lower figure.