The current data on European imports of hygienic or pharmaceutical articles of vulcanized rubber, other than hard rubber, indicates diverse trends across countries. Spain leads with a 13.5% share, but its share is declining by 6.62% from the previous year, showcasing a downtrend. Austria follows with a notable increase of 21.12%, indicating significant growth. Italy and Hungary show moderate growth, while the United Kingdom and Germany face slight declines. Notably, Malta experienced a substantial increase of 187.62%, suggesting potential emerging demand. Countries like Belgium and Ireland suffered from sharp declines, 31.47% and 10.48% respectively.
Future trends to watch include Austria's strong upward trajectory, which could continue its rise in market share. Malta's explosive growth indicates a potential shift in import destinations, and the strong growth in smaller markets like Portugal and Estonia should be monitored for sustained increases. The declines in major players such as Spain, the United Kingdom, and Germany might encourage shifts in supply chains, possibly leading to strategic market repositioning.
Top countries in Import of Hygienic or Pharmaceutical Articles of Rubber of Vulcanised Rubber Other than Hard Rubber Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 13.5 | 2023 | +8.84% | -6.62% | View data |
| 2 | 2 Austria | 12.32 | 2023 | +3.02% | +21.12% | View data |
| 3 | 3 Italy | 10.66 | 2023 | +13.52% | +3.96% | View data |
| 4 | 4 United Kingdom | 10.43 | 2023 | -0.62% | -2.75% | View data |
| 5 | 5 Germany | 8.33 | 2023 | -4.11% | -3.43% | View data |
| 6 | 6 Hungary | 7.87 | 2023 | +3.38% | +4.53% | View data |
| 7 | 7 Belgium | 7.71 | 2023 | +11.14% | -31.47% | View data |
| 8 | 8 Czechia | 6.21 | 2023 | |||
| 9 | 9 France | 4.9 | 2023 | +3.37% | -1.85% | View data |
| 10 | 10 Portugal | 3.7 | 2023 | +1.84% | +10.67% | View data |
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