In 2023, Italy led the European import of synthetic latex rubber with a 16.47% share, followed by Belgium (13.63%) and the Netherlands (10.53%). Austria's imports surged by 31.53%, while Finland's increased by 21.54%. Belgium and France experienced declines at -6.38% and -2.44% respectively. Notably, Malta registered a significant increase at 25.18%. Over the last five years, the industry has shown moderate growth, with varied performances across countries, driven by industrial demand and economic factors.
Looking ahead, trends in demand attributed to manufacturing activities, environmental concerns, and technological advancements will likely shape the European synthetic latex rubber market. Monitoring policies on sustainability and production technologies will be crucial for forecasting future import shares.
Top countries in Import of Synthetic Latex Rubber Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16.47 | 2023 | +10.69% | +10.63% | View data |
| 2 | 2 Belgium | 13.63 | 2023 | -1.11% | -6.38% | View data |
| 3 | 3 Netherlands | 10.53 | 2023 | +4.81% | +0.39% | View data |
| 4 | 4 Spain | 9.7 | 2023 | +6.36% | +3.65% | View data |
| 5 | 5 Austria | 9.01 | 2023 | +6.34% | +31.53% | View data |
| 6 | 6 Germany | 8.8 | 2023 | +1.1% | +6.97% | View data |
| 7 | 7 France | 8.14 | 2023 | -2.85% | -2.44% | View data |
| 8 | 8 Czechia | 4.78 | 2023 | |||
| 9 | 9 United Kingdom | 4.12 | 2023 | -1.89% | -4.44% | View data |
| 10 | 10 Poland | 3.51 | 2023 | +3.43% | +4.13% | View data |
