Italy leads in the European export of LED indicator panels, significantly outpacing other countries like Germany and the Netherlands. Notably, countries such as Ireland, Spain, Lithuania, Slovakia, and Estonia showed significant year-on-year growth, with Estonia leading at nearly 36%. However, several countries like Austria, Hungary, and Denmark experienced declines, with Luxembourg and Slovenia seeing the steepest drops. The five-year CAGR highlights robust performance for Lithuania and Ireland in contrast to stagnation in markets like Germany.
Future trends to watch include potential growth from emerging economies focusing on green technology. Moreover, evolving trade policies and technological advancements may impact production and demand dynamics.
Top countries in Export of Indicator Panels Incorporating Light Emitting Diodes (LED) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,261,200 | 2022 | -12.21% | +0.49% | View data |
| 2 | 2 Germany | 882,170 | 2023 | +18.44% | View data | |
| 3 | 3 Netherlands | 553,640 | 2023 | +4.02% | +3.74% | View data |
| 4 | 4 Poland | 546,220 | 2023 | +5.42% | +1.72% | View data |
| 5 | 5 Belgium | 461,990 | 2023 | +3.7% | +7.2% | View data |
| 6 | 6 Ireland | 278,120 | 2023 | +2.29% | +16.22% | View data |
| 7 | 7 Spain | 234,040 | 2023 | +5.3% | +8.5% | View data |
| 8 | 8 Czechia | 195,330 | 2022 | |||
| 9 | 9 Lithuania | 194,330 | 2023 | +5.81% | +15.53% | View data |
| 10 | 10 Slovakia | 140,630 | 2023 | +5.36% | +12.81% | View data |
