In 2023, Germany led the European export of prepared binders for foundry moulds or cores, accounting for a significant share. Other key exporters included Italy, Spain, and Austria, although Austria and Slovakia experienced notable year-on-year declines, -5.9% and -7.67% respectively. The Netherlands saw substantial growth, with a 16.55% increase. France, another major player, faced a decline of 2.71%, while Belgium and Ireland showed significant growth of 9.18% and 7.03% respectively. Smaller markets like Cyprus and Estonia exhibited impressive growth trajectories, with Cyprus posting an increase of 49.26%.
Future trends to watch include the potential for continued growth in the Netherlands and the recovery of markets like Austria and Slovakia. Close attention should be given to the performance of emerging markets such as Cyprus and how their growth strategies might impact overall European export dynamics. Furthermore, environmental regulations and technological advancements could influence shifts in market share among European countries.
Top countries in Export of Prepared Binders for Foundry Moulds or Cores Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.18 | 2023 | +3.68% | +3.45% | View data |
| 2 | 2 Italy | 15.5 | 2023 | +1.77% | -0.27% | View data |
| 3 | 3 Spain | 9.09 | 2023 | +1.97% | +0.81% | View data |
| 4 | 4 Austria | 4.99 | 2023 | -2.45% | -5.9% | View data |
| 5 | 5 Netherlands | 4.73 | 2023 | +2.62% | +16.55% | View data |
| 6 | 6 Slovakia | 4.34 | 2023 | +1.47% | -7.67% | View data |
| 7 | 7 France | 4 | 2023 | -0.55% | -2.71% | View data |
| 8 | 8 United Kingdom | 3.82 | 2023 | +2.01% | +0.069% | View data |
| 9 | 9 Czechia | 3.81 | 2023 | |||
| 10 | 10 Romania | 2.69 | 2023 | +4.02% | +2.6% | View data |
