The European import of wire rod for tyre cord shows diverse trends across countries. In 2023, France led with 63.338 million kilograms, despite a 3.43% decline from the previous year. Eastern European countries like Romania, Hungary, and Slovenia exhibited growth, with Romania up by 4.09%, Hungary by 4.35%, and Slovenia by 5.81%. Slovakia and Belgium also saw notable increases, at 8.12% and 9.25%, respectively. Conversely, southern European countries like Spain and Italy experienced declines, with Spain dropping 27.98% and Italy 44.64%. Germany and Austria showed significant growth, notably with Germany increasing by 121.58%.
Future trends to watch include potential shifts in the demand and supply chain dynamics influenced by geopolitical factors, environmental policies, and advancements in tyre technology. Monitoring the performance of emerging markets such as Romania and Hungary could provide insights into changing European import dynamics for wire rod used in tyre cords.
Top countries in Import of Wire Rod for Tyre Cord by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 63,338,000 | 2023 | -7.16% | -3.43% | View data |
| 2 | 2 Romania | 53,616,000 | 2023 | +5.24% | +4.09% | View data |
| 3 | 3 Hungary | 29,223,000 | 2023 | +3.82% | +4.35% | View data |
| 4 | 4 Slovenia | 26,936,000 | 2023 | +6.16% | +5.81% | View data |
| 5 | 5 Czechia | 22,975,000 | 2023 | |||
| 6 | 6 Slovakia | 11,368,000 | 2023 | +4.45% | +8.12% | View data |
| 7 | 7 Belgium | 10,883,000 | 2023 | +6.68% | +9.25% | View data |
| 8 | 8 Netherlands | 2,037,900 | 2023 | +4.31% | View data | |
| 9 | 9 Spain | 1,542,800 | 2023 | -44.5% | -27.98% | View data |
| 10 | 10 Italy | 1,490,100 | 2023 | -66.84% | -44.64% | View data |
