In 2023, Spain led the European export of moulded rubber articles for tractors and motor vehicles, with a notable year-on-year growth of 30.48%. Portugal followed with a substantial 47.1% increase, highlighting a robust expansion in exports. Italy and Poland experienced modest growth, while Germany, Hungary, France, and Austria saw declines, with France down by 17.34%. Smaller markets like Latvia and Bulgaria recorded significant percentage increases. Overall, the last five-year CAGR has been a mix of moderate growth and declines, indicating a fluctuating market landscape.
Looking forward, important trends to watch include technological advancements in vehicle manufacturing and sustainability demands which could impact production costs and export volumes. Trade agreements and regional economic policies will also play crucial roles in shaping future market dynamics for these exports across Europe.
Top countries in Export of Moulded Rubber Articles for Tractors and Motor Vehicles by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 123,590,000 | 2023 | -84.2% | +30.48% | View data |
| 2 | 2 Portugal | 49,726,000 | 2023 | -1.23% | +47.1% | View data |
| 3 | 3 Italy | 41,981,000 | 2023 | +1.19% | +1.14% | View data |
| 4 | 4 Germany | 27,463,000 | 2023 | -1.73% | -7.91% | View data |
| 5 | 5 Poland | 26,342,000 | 2023 | +3.27% | +0.89% | View data |
| 6 | 6 Romania | 23,273,000 | 2023 | +3.72% | +2.44% | View data |
| 7 | 7 Czechia | 13,368,000 | 2023 | |||
| 8 | 8 Belgium | 3,825,600 | 2023 | +1.09% | -2.72% | View data |
| 9 | 9 France | 2,933,600 | 2023 | -19.44% | -17.34% | View data |
| 10 | 10 Sweden | 2,862,400 | 2023 | +4.5% | -0.95% | View data |
