Belgium leads in European imports of Tetrahydrofuran and related chemicals, with a significant share of 31 kilograms in actual data from 2023. Germany and Netherlands trail as major importers with 16.88 kg and 10.23 kg, respectively. A negative growth trend is noticeable in Germany and Netherlands, with declines of 1.99% and 1.79%. Ireland and Luxembourg experienced the sharpest decreases at 11.41% and 15.79%. Meanwhile, Estonia and Croatia showed substantial growth at 42.83% and 52.74% respectively. The Compound Annual Growth Rate (CAGR) will provide a clearer picture of average yearly changes over five years.
Future trends to watch include potential recovery in traditionally declining markets like Germany and the Netherlands, influenced by environmental regulations, technological advancements, and shifts in industrial demand. Pay attention to emerging markets in Eastern Europe, as their increased industrial activity could lead to a rise in imports.
Top countries in Import of Tetrahydrofuran, 2-Furaldehyde, Furfuryl Alcohol, Tetrahydrofurfuryl Alcohol and Piperonal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 31 | 2023 | +6.62% | +3.8% | View data |
| 2 | 2 Germany | 16.88 | 2023 | -2.63% | -1.99% | View data |
| 3 | 3 Netherlands | 10.23 | 2023 | -0.9% | -1.79% | View data |
| 4 | 4 Czechia | 8.44 | 2023 | |||
| 5 | 5 Italy | 7.69 | 2023 | -1.4% | -0.29% | View data |
| 6 | 6 Spain | 6.86 | 2023 | +0.38% | -0.3% | View data |
| 7 | 7 United Kingdom | 3.99 | 2023 | -5% | -6.89% | View data |
| 8 | 8 France | 2.95 | 2023 | +10.48% | +3.5% | View data |
| 9 | 9 Ireland | 2.31 | 2023 | -11.35% | -11.41% | View data |
| 10 | 10 Poland | 1.42 | 2023 | +1.62% | +3.58% | View data |
