In 2023, Belgium led European imports of Methacrylic Acid Esters with a 42.84% share, showing a significant year-on-year increase of 17.58%. The Netherlands followed with a 20.93% share, despite a slight decline. Germany and France represented moderate shares but faced minor downtrends. Spain and Finland showed positive momentum, contrary to Italy, the UK, and Bulgaria, which experienced declines. Notably, Lithuania, Cyprus, and Greece saw significant increases, hinting at shifting dynamics among smaller players.
Future trends to watch include sustained growth in Belgium, likely due to increasing industrial applications. Smaller countries like Lithuania and Cyprus may continue to climb, driven by niche market demands and evolving trade dynamics within the EU. Monitoring geopolitical and economic factors, such as Brexit implications and EU regulations, will also be crucial in understanding future movements in import shares.
Top countries in Import of Methacrylic Acid Esters Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 42.84 | 2023 | +36.74% | +17.58% | View data |
| 2 | 2 Netherlands | 20.93 | 2023 | +1.38% | -2.09% | View data |
| 3 | 3 Germany | 8.88 | 2023 | -3.34% | -0.51% | View data |
| 4 | 4 France | 8.61 | 2023 | -1.1% | -0.86% | View data |
| 5 | 5 Spain | 5.34 | 2023 | +2% | +4.13% | View data |
| 6 | 6 Italy | 2.1 | 2023 | +2.44% | -3.57% | View data |
| 7 | 7 Slovakia | 1.79 | 2023 | +1.86% | +4.05% | View data |
| 8 | 8 Sweden | 1.66 | 2023 | +3.34% | +1.08% | View data |
| 9 | 9 United Kingdom | 0.9 | 2023 | -7.8% | -14.04% | View data |
| 10 | 10 Slovenia | 0.75 | 2023 | -1.09% | -0.94% | View data |
