In 2023, Germany dominated the European export market for size reduction equipment used in the rubber and plastics industries, holding a 43.59% share. Italy and Denmark followed, with shares of 13.26% and 12.16%, respectively. While Germany and Italy experienced substantial growth, with year-on-year increases of 34.97% and 65.74%, the United Kingdom saw a decline of 14.95%. Over the last five years, key markets such as Belgium and Poland exhibited robust growth, suggesting positive future trends for these countries.
Future trends to watch include:
- Potential continued growth in Italy and Belgium given their strong recent performance.
- The need for innovation in Germany to maintain its market leader position.
- Monitoring the emerging markets like Poland for further expansion opportunities.
Top countries in Export of Size Reduction Equipment for Working Rubber or Plastics Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43.59 | 2023 | +5.74% | +34.97% | View data |
| 2 | 2 Italy | 13.26 | 2023 | -5.58% | +65.74% | View data |
| 3 | 3 Denmark | 12.16 | 2023 | +13.64% | +27.13% | View data |
| 4 | 4 United Kingdom | 10.91 | 2023 | -0.61% | -14.95% | View data |
| 5 | 5 Portugal | 6.05 | 2023 | +7.69% | +26.84% | View data |
| 6 | 6 France | 5.91 | 2023 | +14.09% | -0.85% | View data |
| 7 | 7 Sweden | 5.45 | 2023 | +3.82% | -4.48% | View data |
| 8 | 8 Belgium | 4 | 2023 | +10.05% | +56.39% | View data |
| 9 | 9 Poland | 1.3 | 2023 | -3.31% | +48.82% | View data |
| 10 | 10 Netherlands | 0.63 | 2021 | +22.41% | -3.87% | View data |
