In 2023, Poland emerged as the leading European exporter of propellant powders and prepared explosives, with 14.641 million kilograms, demonstrating a slight increase of 1.11% year-on-year. Spain followed with a 11.388 million kilograms, experiencing a 2.65% decrease. France remained stable at 10.619 million kilograms. Finland and Portugal saw positive growths of 4.25% and 5.69%, respectively. On the contrary, Greece and Romania reported declines, with Greece having a significant drop of 4.67%. Countries like Lithuania and Netherland witnessed remarkable growth, with gains of 41.33% and 15.01%, respectively.
Future trends to watch include potential boosts in export volumes due to geopolitical tensions and demand for defense-related products. Additionally, increasing regulations on explosives production and export might impact growth trajectories differently across these countries, emphasizing the need to monitor policy changes closely and their implications on trade dynamics.
Top countries in Export of Propellant Powders and Prepared Explosives by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 14,641,000 | 2023 | +1.27% | +1.11% | View data |
| 2 | 2 Spain | 11,388,000 | 2023 | +3.25% | -2.65% | View data |
| 3 | 3 France | 10,619,000 | 2023 | +0.85% | View data | |
| 4 | 4 Finland | 4,930,300 | 2023 | +1.34% | +4.25% | View data |
| 5 | 5 Portugal | 4,771,000 | 2023 | +5.1% | +5.69% | View data |
| 6 | 6 Greece | 3,626,600 | 2023 | +7.66% | -4.67% | View data |
| 7 | 7 Romania | 3,030,400 | 2023 | +2.58% | -2.68% | View data |
| 8 | 8 Estonia | 3,007,100 | 2023 | +2.86% | +4.58% | View data |
| 9 | 9 Belgium | 2,971,900 | 2023 | +7.58% | -1.36% | View data |
| 10 | 10 Italy | 2,928,900 | 2023 | +16.87% | +1.59% | View data |
