The 2023 data indicates that Latvia leads European Total Oriented Strandboard exports to non-EU countries, showing significant growth. The United Kingdom and Ireland also show notable increases, with Ireland experiencing a surge of 145.27% year-on-year. Conversely, Poland and Romania saw declines, with Poland experiencing a considerable 65.71% drop. Moderate growths were observed in France, Netherlands, and some smaller markets like Slovakia. The five-year CAGR suggests varied but generally steady growth across the countries, with certain fluctuations indicating shifts in market demands and geopolitical influences.
Looking into the future, trends to watch include potential expansion in Eastern Europe as Latvia continues strong performances and Ireland maintaining momentum. Conversely, the decline in traditional markets like Poland and Romania may signal a need to adapt strategies, while emerging markets like Slovakia might present new opportunities. Market shifts related to trade policies and supply chain adjustments post-Brexit are also expected to influence these exports.
Top countries in Total Oriented Strandboard Exports to Non-EU Countries by Country
| # | 10 Countries | Thousand Cubic Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 465.5 | 2023 | +21.74% | +50.94% | View data |
| 2 | 2 Romania | 230.11 | 2023 | +4.12% | -9.04% | View data |
| 3 | 3 Germany | 203.79 | 2023 | -0.4% | +2.41% | View data |
| 4 | 4 Ireland | 200.96 | 2023 | +3.43% | +145.27% | View data |
| 5 | 5 Bulgaria | 45.53 | 2023 | +39.36% | -12.17% | View data |
| 6 | 6 Hungary | 32.47 | 2023 | +4.44% | -6.46% | View data |
| 7 | 7 United Kingdom | 27.82 | 2023 | +1.13% | +33.1% | View data |
| 8 | 8 Luxembourg | 26.1 | 2022 | +123.08% | View data | |
| 9 | 9 Belgium | 16.99 | 2023 | +17.25% | +2.84% | View data |
| 10 | 10 Poland | 14.88 | 2023 | -98.99% | -65.71% | View data |