Analysis of European Import of Indicator Panels Incorporating Light Emitting Diodes (LED) by country in 2024 reveals Spain as the leader with 22.54% of the import share by weight, despite a significant year-on-year decrease of 13.32% from 2023. France (9.76%) and Germany (8.69%) follow, exhibiting modest changes of 0.34% and -7.13%, respectively. Italy (8.21%) and Poland (7.61%) also present stable trends with changes of 0.64% and 2.46%. A notable increase is observed in Slovakia (18.16%), Austria (3.94%), Bulgaria (11.62%), and Lithuania (10.97%), suggesting emerging players in the market.
Future trends to watch for in the European import market include potential increases from smaller markets such as Malta (15.19%) and Croatia (7.71%), along with continued growth in Lithuania and Bulgaria. Factors such as technological advancements, regulatory changes, and shifts towards more sustainable and energy-efficient LED technologies may drive these changes.
Top countries in Import of Indicator Panels Incorporating Light Emitting Diodes (LED) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 22.54 | 2023 | +0.46% | -13.32% | View data |
| 2 | 2 France | 9.76 | 2023 | +4.21% | +0.34% | View data |
| 3 | 3 Germany | 8.69 | 2023 | +5.65% | -7.13% | View data |
| 4 | 4 Italy | 8.21 | 2023 | +7.39% | +0.64% | View data |
| 5 | 5 Poland | 7.61 | 2023 | +4.36% | +2.46% | View data |
| 6 | 6 United Kingdom | 7.06 | 2023 | -2.15% | -1.88% | View data |
| 7 | 7 Netherlands | 6.13 | 2023 | +2.91% | +0.23% | View data |
| 8 | 8 Belgium | 5.94 | 2023 | +6.73% | -0.95% | View data |
| 9 | 9 Czechia | 3.55 | 2023 | |||
| 10 | 10 Hungary | 3.32 | 2023 | -2.85% | -1.88% | View data |
