EU Anti-Dumping Complaint Could Impact German Glass Fiber Market in Near Term
- 19-Mar-2025 8:15 PM
- Journalist: Jacob Kutchner
The Glass Fiber market in Germany is foreseen for price escalation in March 2025 on the back of constricted supply and amplified existing market dynamics. The tightening of supply from Asia due to antidumping duties on China material is expected to surge the imported prices of Glass Fiber in Germany. Furthermore, European traders are hampered by the possibility of possible US tariffs.
Key Takeaways:
- In March 2025, glass fiber costs in Germany are likely to soar.
- Imported glass fiber prices may rise due to antidumping tariffs that restrict supply from China.
- Trade disruptions may worsen if European countries were threatened with tariffs.
- Spring season could surge the demand for Glass Fiber from the downstream automotive industry.
- An increase in production costs is expected due to a foreseen surge in the feedstock industrial silica sand prices.
As per ChemAnalyst, the imported Glass Fiber prices in Germany are expected to increase in March 2025 due to the tightening of supply emanating from the Asian market.
The anti-dumping complaint filed by European glass fiber producers against Chinese manufacturers operating in Egypt is likely to significantly impact imported glass fiber prices in Europe. If the European commissions find evidence in the anti-dumping complaint, it could impose tariffs on glass fiber imports from Chinese manufacturers operating in Egypt. Furthermore, tariffs may reduce the profitability of Chinese producers, which could result in a decrease in supply. The market may become extremely unpredictable as a result of this anti-dumping case since consumers may look for other options, which could increase demand.
Furthermore, the concerns about unfair Chinese imports via the “Belt and Road Initiative” routes could further impact the market dynamics as the European Commission could implement stricter trade measures in the coming months.
Apart from this, the threat of potential tariff imposition by the US on European trade prompts market participants to anticipate a potential supply disruption in the coming month as several buyers could seek to secure inventory in advance of potential tariff implementation. This prompt behavior further supports the foreseen price surge of glass fiber.
Additionally, the anticipated surge in downstream automotive sales could rebound glass fiber demand during March 2025. Along with this, the surge in the production cost due to foreseen increase in the industrial silica sand prices could further support the bullish price trend.
However, in February prices of E-Glass Fiber CFR, Hamburg in Germany remained stable due to unchanged pricing dynamics from the exporting nation.