In 2023, Germany leads European exports of indicator panels with liquid crystal devices or LEDs, while the Netherlands shows significant growth. France, Belgium, and Spain also maintain strong performances. Notably, the UK and Hungary experienced declines. Lithuania and Estonia demonstrated substantial increases, signaling emerging markets.
Year-on-year changes are significant, with the Netherlands showing a 22.05% increase, and regional highlights include Estonia's 18.23% and Lithuania's 14.21% growth. Over five years, the industry averaged moderate growth, emphasizing steady demand increases.
Future trends to watch encompass technological advancements, shifts towards energy-efficient solutions, and potential supply chain resilience improvements. Monitoring geopolitical influences and green technology policy shifts will be crucial for maintaining competitive market positioning.
Top countries in Export of Indicator Panels with Liquid Crystal Devices or Light Emitting Diodes by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,597,300 | 2023 | +16.17% | +6.59% | View data |
| 2 | 2 Netherlands | 4,592,400 | 2023 | +5.85% | +22.05% | View data |
| 3 | 3 France | 2,864,500 | 2023 | +11.43% | +7.38% | View data |
| 4 | 4 Belgium | 2,022,200 | 2023 | +5.94% | +9.52% | View data |
| 5 | 5 Spain | 1,729,100 | 2023 | +3.52% | +8.75% | View data |
| 6 | 6 Italy | 1,697,300 | 2023 | +1.92% | +1.94% | View data |
| 7 | 7 Austria | 1,273,500 | 2023 | +12.08% | +2.92% | View data |
| 8 | 8 Poland | 1,100,600 | 2023 | +4.53% | +5.26% | View data |
| 9 | 9 United Kingdom | 921,050 | 2023 | -7.51% | -9.58% | View data |
| 10 | 10 Sweden | 748,760 | 2023 | +1.19% | +9.15% | View data |
