In 2023, France led the European import of wadding and related articles with a substantial share of 24.29%, reflecting a 5.3% increase from the previous year. The United Kingdom and Germany followed, holding 11.63% and 11.22% respectively, showcasing minor growth. The Netherlands saw an 8.12% surge to reach 5.28%, while Greece experienced a notable 10.61% rise. Conversely, Ireland and Cyprus faced significant declines of 8.33% and 4.98%, respectively. Over the past five years, Luxembourg’s import increased remarkably by around 20% annually, displaying the highest CAGR.
Future trends to watch include potential shifts in the market as key players like France, the UK, and Germany maintain dominant positions. The Netherlands' continued growth may suggest expanding roles for smaller countries in the European import landscape. Additionally, fluctuations in the economic and trade policies post-Brexit and regional trade agreements could impact these trends, making it crucial to monitor geopolitical factors affecting European trade dynamics.
Top countries in Import of Wadding and Articles Thereof Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24.29 | 2023 | +3.17% | +5.3% | View data |
| 2 | 2 United Kingdom | 11.63 | 2023 | +1.52% | +0.42% | View data |
| 3 | 3 Germany | 11.22 | 2023 | +0.093% | +0.33% | View data |
| 4 | 4 Poland | 8.34 | 2023 | +2.45% | -0.51% | View data |
| 5 | 5 Netherlands | 5.28 | 2023 | -4.02% | +8.12% | View data |
| 6 | 6 Spain | 5.12 | 2023 | +6.79% | +1.86% | View data |
| 7 | 7 Romania | 4.29 | 2023 | +0.36% | +1.52% | View data |
| 8 | 8 Italy | 3.78 | 2023 | +6.42% | +4.87% | View data |
| 9 | 9 Czechia | 3.19 | 2023 | |||
| 10 | 10 Lithuania | 3.07 | 2023 | +2.21% | +2.38% | View data |
