In 2023, Germany led European imports of synthetic rubber, excluding latex, with a 1.26% growth. Belgium saw a decline of 1.48%, while Poland and Romania experienced increases of 2.43% and 2.89%, respectively. Countries like Italy and France recorded slight decreases. Notably, Bulgaria had a massive 20.84% rise, and Lithuania's imports increased by 24.01%, showcasing demand growth. In contrast, the UK and Sweden faced declines, with the UK dropping 4.28% and Sweden 4.61%. Cyprus and Estonia presented notable upticks at 28.25% and 10.83%, respectively.
Looking ahead, Germany is anticipated to maintain its leadership in imports, with Central and Eastern European countries playing a growing role due to industrial expansion. The rising demand for green technologies may influence import patterns, benefiting countries with robust automotive sectors. Monitoring geopolitical factors and trade policies will be vital, as these could impact future import trends.
Top countries in Import of Synthetic Rubber (Excluding Latex) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 536,690,000 | 2023 | +4.01% | +1.26% | View data |
| 2 | 2 Belgium | 401,760,000 | 2023 | +1.31% | -1.48% | View data |
| 3 | 3 Poland | 330,300,000 | 2023 | +2.57% | +2.43% | View data |
| 4 | 4 Italy | 233,580,000 | 2023 | +0.0078% | -0.14% | View data |
| 5 | 5 France | 215,390,000 | 2023 | +4.22% | -0.61% | View data |
| 6 | 6 Spain | 177,090,000 | 2023 | -0.38% | -1.89% | View data |
| 7 | 7 Hungary | 172,700,000 | 2023 | +2.41% | +1.11% | View data |
| 8 | 8 Netherlands | 160,910,000 | 2023 | +5.72% | +0.52% | View data |
| 9 | 9 Romania | 142,110,000 | 2023 | +3.65% | +2.89% | View data |
| 10 | 10 Czechia | 132,890,000 | 2023 |