In 2023, Poland and Romania led European imports of tyre cord fabric with shares of 14.45% and 14.34% respectively. Hungary, Luxembourg, and Germany followed, although Germany experienced a marked decline of 14.06% year-on-year. Noteworthy gains were seen in Spain and the Netherlands, with significant increases of 14.34% and 51.18% respectively, suggesting growth potential. Several countries such as France and Belgium showed declines, indicating potential challenges in those markets.
Future trends to watch include:
- Continued development in Eastern European markets like Poland and Romania, potentially driven by industrial growth and infrastructure investments.
- The significant increase in imports by the Netherlands suggests shifts in supply chain dynamics or increased domestic demand.
- Potential recovery or further challenges for countries showing declines, such as Germany and France, will be crucial for market stability.
- Monitoring macroeconomic and geopolitical factors that might influence import levels, such as trade policies and currency fluctuations.
Top countries in Import of Tyre Cord Fabric of High Tenacity Yarn of Nylon or Other Polyamides, Polyesters or Viscose Rayon Share by Country (Square Meters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 14.45 | 2023 | +0.93% | +1.11% | View data |
| 2 | 2 Romania | 14.34 | 2023 | +3.02% | +5.21% | View data |
| 3 | 3 Hungary | 11.69 | 2023 | +3.56% | +1.33% | View data |
| 4 | 4 Luxembourg | 11.18 | 2023 | +10.73% | +3.88% | View data |
| 5 | 5 Germany | 9.44 | 2023 | -36.21% | -14.06% | View data |
| 6 | 6 Czechia | 8.54 | 2023 | |||
| 7 | 7 Slovakia | 7.74 | 2023 | +4.2% | +1.85% | View data |
| 8 | 8 Spain | 6.52 | 2023 | +1.38% | +14.34% | View data |
| 9 | 9 Italy | 5.83 | 2023 | +2.6% | +0.81% | View data |
| 10 | 10 United Kingdom | 3.85 | 2023 | -6.59% | -5.6% | View data |
