The European export market for gaskets and similar joints of metal sheeting in 2023 showed the United Kingdom as the leading exporter with a 32.28% share, despite an 11.67% year-on-year decline. Germany, the second-largest exporter, experienced a slight decrease of 1.47%, holding a 27.28% share. Italy and France followed, experiencing minor declines. Notable growth was seen in Portugal (13.31%), the Netherlands (5.0%), and Malta (99.89%). The overall Compound Annual Growth Rate (CAGR) indicates varied performance, reflecting both growth and contraction across different countries over the past five years.
Future trends highlight a potential rebound for countries like the UK with anticipated economic adjustments and recovery measures. Meanwhile, Portugal's and Malta's continued growth trends may position them as emerging exporters. Additionally, the evolution of manufacturing technologies and increasing demand for specialized gaskets could reshape the market shares further within Europe. Monitoring economic conditions and technological advancements will be critical for forecasting future trends in this sector.
Top countries in Export of Gaskets and Similar Joints of Metal Sheeting Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 32.28 | 2023 | +2.98% | -11.67% | View data |
| 2 | 2 Germany | 27.28 | 2023 | -2.27% | -1.47% | View data |
| 3 | 3 Italy | 7.98 | 2023 | +4.75% | -2.13% | View data |
| 4 | 4 France | 5.11 | 2023 | +1.48% | -2.7% | View data |
| 5 | 5 Netherlands | 5.06 | 2023 | +12.23% | +5% | View data |
| 6 | 6 Czechia | 4.96 | 2023 | |||
| 7 | 7 Spain | 4.14 | 2023 | +13.19% | -0.32% | View data |
| 8 | 8 Belgium | 2.65 | 2023 | -2.89% | +4.38% | View data |
| 9 | 9 Poland | 1.76 | 2023 | +3.84% | +3.74% | View data |
| 10 | 10 Hungary | 1.68 | 2023 | -12.43% | -6.99% | View data |
