In 2024, Italy holds the largest share of European imports of isocyanates, followed closely by Belgium and Germany. While Italy and Germany saw a slight decline in their year-on-year import share, Poland, the Netherlands, Portugal, and Romania experienced notable growth. Ireland's import share showed a significant increase, indicating potential rising demand or supply chain developments. Conversely, countries like the United Kingdom, Luxembourg, and Finland faced considerable declines. Over the past five years, the trend in isocyanates import has been shaped by varying economic conditions and industrial demand across Europe, reflected in differing country-specific performance.
Looking ahead, the key trends to watch involve Poland and the Netherlands potentially increasing their shares further due to industrial expansion. Sustainable practices and new regulations might also influence import dynamics, particularly given the significant rise in import share for environmentally conscious countries like Portugal and Ireland. Monitoring these changes will be crucial for stakeholders aiming to capitalize on shifts within the European isocyanate market.
Top countries in Import of Isocyanates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 18.43 | 2023 | +2.7% | -0.34% | View data |
| 2 | 2 Belgium | 17.06 | 2023 | +8.12% | +0.13% | View data |
| 3 | 3 Germany | 13.81 | 2023 | +3.53% | -1.54% | View data |
| 4 | 4 Poland | 10.88 | 2023 | +2.65% | +3.19% | View data |
| 5 | 5 Spain | 7.62 | 2023 | +4.17% | +1.09% | View data |
| 6 | 6 Netherlands | 6.81 | 2023 | +21.77% | +7.92% | View data |
| 7 | 7 France | 5.09 | 2023 | +5.37% | -0.45% | View data |
| 8 | 8 Portugal | 4.61 | 2023 | +4.7% | +9.12% | View data |
| 9 | 9 United Kingdom | 4.58 | 2023 | -1.08% | -3.03% | View data |
| 10 | 10 Romania | 2.93 | 2023 | +2.59% | +3.26% | View data |
