The 2023 data on European imports of propellant powders and prepared explosives shows Finland as the leading importer, followed by Germany and Sweden. Several countries have shown interesting year-on-year variations; Sweden's imports increased significantly by 13.9%, and Belgium's by 9.86%, indicating growing demand or strategic stockpiling. In contrast, Finland and France saw declines of 4.86% and 5.59%, respectively. Ireland recorded the most notable increase at 55.43%, albeit from a smaller base. The last 5 years reveal a mixed pattern, with some countries experiencing steady growth while others faced declines.
Future trends to watch in the European import market for these products include:
- Increased imports by countries modernizing their defense systems or involved in international treaties that necessitate stockpiling.
- Potential shifts in geopolitical tensions influencing defense spending and import needs.
- Market disruptions or innovations that might affect production and costs, impacting import volumes.
Top countries in Import of Propellant Powders and Prepared Explosives by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 19,313,000 | 2023 | -5.89% | -4.86% | View data |
| 2 | 2 Germany | 16,435,000 | 2023 | +1.72% | +1.48% | View data |
| 3 | 3 Sweden | 15,725,000 | 2023 | +7.31% | +13.9% | View data |
| 4 | 4 Italy | 7,339,800 | 2023 | +11.73% | +1.31% | View data |
| 5 | 5 Spain | 6,181,200 | 2023 | +1.64% | +3.6% | View data |
| 6 | 6 France | 5,430,100 | 2023 | +0.39% | -5.59% | View data |
| 7 | 7 Greece | 3,590,600 | 2023 | +6.41% | -2.23% | View data |
| 8 | 8 Croatia | 3,356,700 | 2023 | +0.99% | +1.82% | View data |
| 9 | 9 Belgium | 3,067,700 | 2023 | +16.92% | +9.86% | View data |
| 10 | 10 Austria | 2,477,000 | 2023 | +7.78% | +0.76% | View data |
