In 2023, Germany and the Netherlands dominated European exports of indicator panels with liquid crystal devices or light-emitting diodes, each capturing approximately 18% market share by weight. France, Belgium, and Spain followed with significant shares. Recent trends show notable growth in the Netherlands (22.05%) and Lithuania (14.21%). Conversely, the United Kingdom and Portugal saw declines of -9.58% and -19.23%, respectively, highlighting potential challenges. Overall, the market exhibited varied growth across countries, with European exports reflecting diverse performance and strategies.
Future Trends to Watch:
- Increased demand for LED technologies could drive export growth.
- Technological advancements and innovations may boost competitiveness.
- Digital transformation and environmental regulations could shape industry dynamics.
- Political and economic changes, such as trade agreements, could influence the sector.
Top countries in Export of Indicator Panels with Liquid Crystal Devices or Light Emitting Diodes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.14 | 2023 | +16.17% | +6.59% | View data |
| 2 | 2 Netherlands | 18.12 | 2023 | +5.85% | +22.05% | View data |
| 3 | 3 France | 11.3 | 2023 | +11.43% | +7.38% | View data |
| 4 | 4 Belgium | 7.98 | 2023 | +5.94% | +9.52% | View data |
| 5 | 5 Spain | 6.82 | 2023 | +3.52% | +8.75% | View data |
| 6 | 6 Italy | 6.7 | 2023 | +1.92% | +1.94% | View data |
| 7 | 7 Austria | 5.03 | 2023 | +12.08% | +2.92% | View data |
| 8 | 8 Poland | 4.34 | 2023 | +4.53% | +5.26% | View data |
| 9 | 9 United Kingdom | 3.63 | 2023 | -7.51% | -9.58% | View data |
| 10 | 10 Sweden | 2.95 | 2023 | +1.19% | +9.15% | View data |
