In 2023, Germany led the European import of seals of vulcanised rubber, accounting for the highest share of imports in kilograms, with a modest year-on-year growth of 1.4%. Hungary showed the most significant growth at 14.27%, while the United Kingdom and Poland witnessed declines of 1.75% and 1.52%, respectively. Over the past five years, the compound annual growth rate indicates stable demand, with countries like Belgium and Portugal experiencing notable increases in share. Conversely, the Netherlands and Denmark showed declining trends.
Future trends to watch include potential increases in imports by Eastern European countries due to industrial growth and a potential shift in trade dynamics post-Brexit, impacting the UK’s share. Sustainability and innovation in material use could also alter import patterns.
Top countries in Import of Seals of Vulcanised Rubber Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.11 | 2023 | +6.07% | +1.4% | View data |
| 2 | 2 Poland | 9.34 | 2023 | +0.46% | -1.52% | View data |
| 3 | 3 France | 8.2 | 2023 | +6.02% | +2.85% | View data |
| 4 | 4 Hungary | 8.13 | 2023 | +4.7% | +14.27% | View data |
| 5 | 5 Belgium | 7.12 | 2023 | +9.48% | +9% | View data |
| 6 | 6 Czechia | 6.84 | 2023 | |||
| 7 | 7 Spain | 6.6 | 2023 | +2.37% | +6.33% | View data |
| 8 | 8 United Kingdom | 4.49 | 2023 | -1.32% | -1.75% | View data |
| 9 | 9 Romania | 4.44 | 2023 | +2.93% | +0.54% | View data |
| 10 | 10 Sweden | 3.45 | 2023 | +2.02% | -1.21% | View data |
