In 2023, Germany led European exports of rubber transmission belts, particularly in trapezoidal and striped configurations, despite a slight decline of 0.49% in export volume. Belgium and Italy followed, with Belgium experiencing a modest growth of 1.01% while Italy's figures remained stable. Spain and Romania saw notable increases of 2.43% and 3.59%, respectively. Contrastingly, the United Kingdom and Poland faced significant declines, with decreases of 5.99% and 9.74%. Other countries like Latvia and Slovakia demonstrated remarkable increases, at 20.89% and 20.05%. France experienced a complete downward shift, indicated by a 100% decline.
Future trends to watch include:
- The potential recovery or continuation of declines in countries like the UK and Poland.
- Whether the growth in Romania, Ireland, and Slovakia can be sustained in the following years.
- The effects of the total decline in France on the broader European market.
- Strategic shifts or technological advancements that might impact production and export capabilities across Europe.
Top countries in Export of Rubber Transmission Belts of Trapezoidal and Striped Configuration by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,522,700 | 2023 | +1.16% | -0.49% | View data |
| 2 | 2 Belgium | 2,753,700 | 2023 | +1.59% | +1.01% | View data |
| 3 | 3 Italy | 2,549,500 | 2023 | -19.19% | View data | |
| 4 | 4 Spain | 2,172,400 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Romania | 2,058,300 | 2023 | +2.76% | +3.59% | View data |
| 6 | 6 United Kingdom | 1,248,900 | 2023 | -7.42% | -5.99% | View data |
| 7 | 7 Poland | 992,750 | 2023 | -3.73% | -9.74% | View data |
| 8 | 8 Czechia | 862,540 | 2023 | |||
| 9 | 9 Sweden | 340,430 | 2023 | +8.35% | +4.1% | View data |
| 10 | 10 Slovenia | 322,880 | 2023 | -1.89% | -1.14% | View data |
