European exports of conveyor or transmission belts of vulcanized rubber in 2023 showed Germany as the largest contributor with a 21.2% share, followed by Poland at 17.67%, and then the Netherlands with 11.04%. Germany faced a modest decline of 2.17%, while Poland experienced a slightly larger dip at 2.27%. Notably, Spain saw a significant increase in its export share by 8.28%, and smaller markets like Austria and Greece surged by 28.84% and 24.37% respectively.
Future trends to watch include continued growth in smaller markets, especially those showing recent positive changes such as Austria and Greece. Major exporters like Germany may need to innovate to maintain their market share amid modest declines. Additionally, economic and environmental factors may influence production and export strategies across Europe, potentially affecting the balance between countries.
Top countries in Export of Conveyor or Transmission Belts or Belting of Vulcanised Rubber Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.2 | 2023 | +4.25% | -2.17% | View data |
| 2 | 2 Poland | 17.67 | 2023 | +0.99% | -2.27% | View data |
| 3 | 3 Netherlands | 11.04 | 2023 | +6.43% | -0.78% | View data |
| 4 | 4 Hungary | 7.07 | 2023 | -0.41% | -2.71% | View data |
| 5 | 5 Italy | 6.96 | 2023 | +3.94% | +0.34% | View data |
| 6 | 6 Romania | 6.86 | 2023 | +2.85% | +2.52% | View data |
| 7 | 7 Belgium | 4.95 | 2023 | +0.79% | +0.27% | View data |
| 8 | 8 United Kingdom | 4.57 | 2023 | -0.017% | -1.61% | View data |
| 9 | 9 Spain | 4.18 | 2023 | +6.18% | +8.28% | View data |
| 10 | 10 Slovakia | 3.67 | 2023 | -0.52% | -2.75% | View data |
