In 2023, Germany led European exports of synthetic rubber with 892.06 million kilograms, followed by Belgium and France. Germany's growth was modest at 0.89%, while France experienced a strong 5.35% increase. Smaller exporters like Finland and Romania displayed substantial growth rates of 17.72% and 17.58%, respectively. On the contrary, the United Kingdom and Latvia saw declines of 27.1% and 31.1%. Over the past five years, the compounded annual growth rate (CAGR) suggests significant shifts, highlighting a dynamic market landscape.
Going forward, the synthetic rubber export market in Europe could be influenced by factors such as technological advancements, supply chain adjustments due to geopolitical tensions, and environmental regulations. Monitoring shifts in consumer demand and sustainability-oriented innovations will also be crucial.
Top countries in Export of Synthetic Rubber by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 892,060,000 | 2023 | +2.64% | +0.89% | View data |
| 2 | 2 Belgium | 660,440,000 | 2023 | +6.63% | +2.25% | View data |
| 3 | 3 France | 372,380,000 | 2023 | +1.11% | +5.35% | View data |
| 4 | 4 Poland | 361,000,000 | 2023 | +3.31% | +4.31% | View data |
| 5 | 5 Netherlands | 333,000,000 | 2023 | +3.84% | +2.05% | View data |
| 6 | 6 Czechia | 215,140,000 | 2023 | |||
| 7 | 7 Italy | 189,540,000 | 2023 | +0.67% | +2.73% | View data |
| 8 | 8 Spain | 140,200,000 | 2023 | +4.18% | +2.55% | View data |
| 9 | 9 Hungary | 76,032,000 | 2023 | +1.89% | +0.94% | View data |
| 10 | 10 Finland | 52,320,000 | 2023 | +4.53% | +17.72% | View data |
