Belgium dominates the European import of Aramids Staple, representing 43.37% in weight share for 2024, reflecting an 11.35% increase from 2023. Germany, Netherlands, and Italy follow with varying levels of growth. Italy and Slovakia witness declines, while France sees a drop of 5.1%. Noteworthy are Greece and Romania's significant increases. Despite minimal shares, countries like Luxembourg and Ireland showed slight upticks. The Compound Annual Growth Rate (CAGR) indicates Romania and Greece as significant growers over five years, revealing a shift towards diversification in sourcing.
Future trends emphasize potential shifts driven by technological evolution, sustainability trends, and geopolitical tensions affecting trade. Watch for new producers entering the market and increased demand for Aramids in high-performance sectors such as automotive and aerospace, impacting composition and volume rates over the coming years.
Top countries in Import of Aramids Staple, Not Carded, Combed or Otherwise Processed for Spinning Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 43.37 | 2023 | +29.09% | +11.35% | View data |
| 2 | 2 Germany | 16.4 | 2023 | +5.21% | +2.33% | View data |
| 3 | 3 Netherlands | 12.36 | 2023 | +3.24% | +0.9% | View data |
| 4 | 4 Italy | 8.38 | 2023 | +4.56% | -6.74% | View data |
| 5 | 5 Spain | 5.66 | 2021 | +11.2% | +2.13% | View data |
| 6 | 6 France | 2.95 | 2023 | +5.72% | -5.1% | View data |
| 7 | 7 Finland | 2.49 | 2023 | +6.96% | +5.81% | View data |
| 8 | 8 United Kingdom | 2.38 | 2023 | -3.06% | -16.78% | View data |
| 9 | 9 Portugal | 2.26 | 2023 | +16.88% | +12.61% | View data |
| 10 | 10 Slovenia | 1.78 | 2023 | +5.5% | -0.15% | View data |