The Netherlands dominated the European import market for extruded rods and profile shapes of cellular vulcanised rubber with a 14.14% share in kilograms, showing a significant increase of 40.39% in 2023. Germany followed with a 12.89% share and a modest year-on-year rise of 1.52%. Lithuania, Poland, and Spain were also key contributors, with Spain experiencing a noteworthy increase of 11.26% in 2023. Meanwhile, Denmark, the United Kingdom, and Ireland saw declines in their shares. The compound annual growth rate over the past five years highlights dynamic changes, with Greece and Latvia having significant growth rates.
Future trends to watch include continued growth in the Netherlands, which could further solidify its leading position. Attention should be given to emerging markets such as Greece and Bulgaria, which have shown impressive growth. Risks involve potential declines in countries like Denmark and the UK, which may suggest market shifts or competitiveness challenges. Monitoring these trends will be essential for stakeholders seeking to capitalize on emerging opportunities or mitigate risks in the European market.
Top countries in Import of Extruded Rods and Profile Shapes of Cellular Vulcanised Rubber Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 14.14 | 2023 | +1.96% | +40.39% | View data |
| 2 | 2 Germany | 12.89 | 2023 | +10.2% | +1.52% | View data |
| 3 | 3 Lithuania | 10.62 | 2023 | +2.55% | -0.047% | View data |
| 4 | 4 Poland | 10.51 | 2023 | +1.32% | +1.09% | View data |
| 5 | 5 Spain | 10.36 | 2023 | +10.92% | +11.26% | View data |
| 6 | 6 Czechia | 8.68 | 2023 | |||
| 7 | 7 Denmark | 4.68 | 2023 | +13.97% | -10.01% | View data |
| 8 | 8 United Kingdom | 3.48 | 2023 | -2.75% | -5.72% | View data |
| 9 | 9 Hungary | 3.26 | 2023 | +3.91% | +3.55% | View data |
| 10 | 10 Sweden | 3.11 | 2023 | +0.0049% | -1.99% | View data |