Market movement
In 2021, glass fibres: woven fabrics (other than of rovings), of a width not exceeding 30cm trade exhibited strong growth, with global flows reaching $185,200,102 and a three-year compound annual growth rate of +6.8% (five-year: +6.6%). The all-time peak of $185,200,102 was recorded in 2021.
Over the 27-year observation window (1995–2021), 73% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+2.1% acceleration).
The World Trade Flows Characterization classifies glass fibres: woven fabrics (other than of rovings), of a width not exceeding 30cm as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.
