In 2023, Belgium led the European export of synthetic rubber (excluding latex) with a 27.6% share, followed by Germany at 18.87%, and Poland at 17.12%. Over the last year, Belgium saw a 2.34% increase, whereas Germany experienced a 4.15% decrease. Poland grew by 4.36%, underscoring its rising significance. Notably, Spain and France showed declines of 100%, indicating a complete cessation. Lithuania, Bulgaria, and Romania indicated strong growth rates, demonstrating evolving dynamics in smaller markets.
Future trends to watch include sustainability initiatives and technological innovations that may influence production and export dynamics. Additionally, geopolitical factors could alter trading partnerships and subsequently affect export shares among European countries.
Top countries in Export of Synthetic Rubber (Excluding Latex) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 27.6 | 2023 | +7.09% | +2.34% | View data |
| 2 | 2 Germany | 18.87 | 2023 | +1.58% | -4.15% | View data |
| 3 | 3 Poland | 17.12 | 2023 | +3.3% | +4.36% | View data |
| 4 | 4 Italy | 14.6 | 2023 | +1.19% | -3.31% | View data |
| 5 | 5 Czechia | 10.65 | 2023 | |||
| 6 | 6 Hungary | 3.74 | 2023 | +1.94% | +0.98% | View data |
| 7 | 7 Netherlands | 1.77 | 2023 | -24.35% | View data | |
| 8 | 8 Spain | 1.28 | 2023 | -24.2% | View data | |
| 9 | 9 Luxembourg | 1 | 2023 | +12.69% | -2.8% | View data |
| 10 | 10 Romania | 0.28 | 2023 | +2.3% | +17.66% | View data |
