In 2023, Germany led European imports of moulded rubber articles for tractors and motor vehicles with over 31 million kg, albeit with a slight decrease of 1.77% from the previous year. France and Hungary showed notable positive year-on-year growth, with France increasing by 6.71% and Hungary by 3.98%. Conversely, the United Kingdom and Poland saw declines of 3.92% and 1.17%, respectively. Bulgaria had the most significant growth at 10.91%, while Austria experienced the sharpest decline at 12.48%.
Future trends to watch include:
- Potential continued growth in Eastern European countries like Bulgaria due to lower production costs.
- Fluctuating demand in Western Europe possibly influenced by automotive industry shifts towards electric vehicles.
- Potential impacts of EU environmental regulations on rubber product imports.
- Supply chain disruptions and their effect on import volumes.
Top countries in Import of Moulded Rubber Articles for Tractors and Motor Vehicles by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,767,000 | 2023 | +2.64% | -1.77% | View data |
| 2 | 2 Czechia | 12,604,000 | 2023 | |||
| 3 | 3 France | 10,308,000 | 2023 | +12.45% | +6.71% | View data |
| 4 | 4 Slovakia | 9,228,600 | 2023 | +3.49% | +2.93% | View data |
| 5 | 5 Hungary | 8,297,500 | 2023 | +2.69% | +3.98% | View data |
| 6 | 6 Belgium | 6,718,000 | 2023 | +4.47% | +4.66% | View data |
| 7 | 7 Poland | 6,648,800 | 2023 | -2.33% | -1.17% | View data |
| 8 | 8 Spain | 5,657,200 | 2023 | +4.65% | -2.34% | View data |
| 9 | 9 Netherlands | 4,591,700 | 2023 | +4.45% | -0.48% | View data |
| 10 | 10 Bulgaria | 4,493,900 | 2023 | +4.7% | +10.91% | View data |
