In 2023, Germany led Europe's import market for polystyrene in primary forms with 198.07 million kilograms, followed by Italy and Spain. Germany experienced a decline of 2.49% from the previous year, while Spain saw a significant increase of 19.62%. Notable growth was also observed in Ireland with a 48.13% rise, and Latvia at 32.01%. The Netherlands and Finland showed positive trends, whereas countries like France, the United Kingdom, and Malta saw declines. Over the last five years, the compound annual growth rate varies, reflecting changes in production capacities and market demands.
Future trends to watch include:
- Germany and Italy possibly stabilizing their imports following recent declines.
- Continued growth in Spain, propelled by increasing manufacturing demands.
- Potential market expansion in smaller countries like Latvia and Ireland, driven by higher growth rates.
- Impact of sustainability measures aimed at reducing plastic usage which might influence future import strategies, especially in countries showing declining trends.
- Monitoring geopolitical and economic factors that could affect trade policies and importation in the region.
Top countries in Import of Polystyrene in Primary Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 198,070,000 | 2023 | -1.17% | -2.49% | View data |
| 2 | 2 Italy | 181,620,000 | 2023 | +3.36% | -1.12% | View data |
| 3 | 3 Spain | 97,846,000 | 2023 | +0.51% | +19.62% | View data |
| 4 | 4 Poland | 77,878,000 | 2023 | +0.2% | +0.36% | View data |
| 5 | 5 Netherlands | 76,673,000 | 2023 | +26.5% | +13.36% | View data |
| 6 | 6 France | 60,290,000 | 2023 | -5.92% | -8.91% | View data |
| 7 | 7 Belgium | 52,642,000 | 2023 | -1.04% | +1.16% | View data |
| 8 | 8 Austria | 48,118,000 | 2023 | +1.86% | +0.18% | View data |
| 9 | 9 United Kingdom | 47,213,000 | 2023 | -2.35% | -2.41% | View data |
| 10 | 10 Portugal | 47,070,000 | 2023 | -4.94% | -5.97% | View data |