Germany leads the European import market share of insulating fittings of plastic for electrical purposes, contributing over 23%. Notable shares also originate from Czechia and Hungary. Over 2023, imports increased significantly from Spain (22.29%) and France (11.22%), while the United Kingdom and Netherlands saw declines. Greece showed exceptional growth of 35.38% despite a smaller base. The five-year CAGR indicates varied growth, with France and Spain showing promising increases, while declines persisted in Belgium and the Netherlands.
Future trends to monitor include:
- Technological advancements and regulations impacting eco-friendly materials.
- Potential shifts in trade agreements influencing import patterns.
- Continued growth in developing European economies enhancing import shares.
Top countries in Import of Insulating Fittings of Plastic for Electrical Machines, Appliances or Equipment Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.34 | 2023 | +8.98% | +1.15% | View data |
| 2 | 2 Czechia | 14.35 | 2023 | |||
| 3 | 3 Hungary | 9.79 | 2023 | +1.76% | +1.09% | View data |
| 4 | 4 Romania | 9.66 | 2023 | +1.01% | -1.55% | View data |
| 5 | 5 Bulgaria | 6.46 | 2023 | +4.79% | +3.48% | View data |
| 6 | 6 Italy | 6.37 | 2023 | +8.76% | +7.73% | View data |
| 7 | 7 Poland | 6.34 | 2023 | +2.5% | +4.04% | View data |
| 8 | 8 Belgium | 6.07 | 2023 | -2.94% | -5.33% | View data |
| 9 | 9 France | 4.69 | 2023 | +12.63% | +11.22% | View data |
| 10 | 10 Slovakia | 4.02 | 2023 | -1% | +7.52% | View data |