In 2023, Poland led the European market for urea and thiourea resins in primary forms, with a slight decline of 0.44% year-on-year. Belgium and Austria followed, with Austria exhibiting a moderate increase of 1.39%. The UK experienced a slight growth of 1.06%, while Italy faced a significant decline of 13.61%. Spain maintained its position, and Romania saw a minor decrease of 2.47%. Lithuania showed positive growth at 2.3%, unlike Denmark and Finland, which decreased by 4.3% and 2.96%, respectively. Hungary encountered a notable reduction of 10.68%.
Future trends to watch include the potential impact of sustainability practices on production processes and market changes due to regulation shifts and environmental policies. Continuous monitoring of supply chain adjustments and technological advancements will be essential in evaluating production and consumption patterns across Europe.
Top countries in Sold Production of Urea Resins and Thiourea Resins in Primary Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 792,250,000 | 2023 | +1.24% | -0.44% | View data |
| 2 | 2 Belgium | 315,070,000 | 2021 | View data | ||
| 3 | 3 Austria | 307,540,000 | 2023 | +2.87% | +1.39% | View data |
| 4 | 4 United Kingdom | 273,060,000 | 2023 | +0.39% | +1.06% | View data |
| 5 | 5 Spain | 199,040,000 | 2021 | +3.33% | View data | |
| 6 | 6 Italy | 198,660,000 | 2023 | -13.16% | -13.61% | View data |
| 7 | 7 Romania | 141,670,000 | 2023 | +0.3% | -2.47% | View data |
| 8 | 8 Lithuania | 75,059,000 | 2023 | +2.28% | +2.3% | View data |
| 9 | 9 Denmark | 26,781,000 | 2023 | -8.11% | -4.3% | View data |
| 10 | 10 Finland | 19,696,000 | 2023 | -2.51% | -2.96% | View data |