The European import of rubber synchronous belts in 2023 showed France as the leader with a 30.08% share by kilograms, followed by Belgium and Germany at 19.56% and 11.65%, respectively. Noteworthy variations include a significant increase in Belgium (7.03%) and Malta (27.82%), contrasted by substantial declines in Slovakia (-22.39%) and Spain (-18.4%). Over the last five years, the combined annual growth rate (CAGR) reveals a mixed performance with diverse growth patterns across different countries.
Future trends to watch for include potential shifts in trade due to emerging environmental regulations and advancements in automotive technology. Additionally, watch how the European economic conditions influence industrial demand and supply chain dynamics, possibly altering import patterns among member states.
Top countries in Import of Rubber Synchronous Belts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 30.08 | 2023 | +7.44% | +0.36% | View data |
| 2 | 2 Belgium | 19.56 | 2023 | +2.91% | +7.03% | View data |
| 3 | 3 Germany | 11.65 | 2023 | -0.63% | -6.97% | View data |
| 4 | 4 United Kingdom | 6.3 | 2023 | -0.86% | -1.49% | View data |
| 5 | 5 Italy | 5.33 | 2023 | -1.58% | -8.55% | View data |
| 6 | 6 Romania | 4.99 | 2023 | +5.43% | +5.28% | View data |
| 7 | 7 Poland | 4.52 | 2023 | +1.66% | -3.23% | View data |
| 8 | 8 Czechia | 3.21 | 2023 | |||
| 9 | 9 Netherlands | 2.41 | 2023 | +8.14% | +2.1% | View data |
| 10 | 10 Sweden | 1.66 | 2023 | -5.93% | -4.7% | View data |
