The European import market for electrical insulating fittings of plastics showed varied trends across countries in 2023. Germany, despite a slight decline of 2.32%, remains the largest importer. Strong growth was observed in Spain, Italy, and Portugal with increases of 17.25%, 9.43%, and 9.74% respectively. Other notable increases came from Denmark at 7.82% and Luxembourg at 18.59%, indicating a shift towards these emerging markets. Conversely, declines were seen in Ireland at -3.16% and a modest decrease in Romania and Belgium.
Future trends to watch include:
- The potential for Germany to rebound from its dip as industries recalibrate post-2023.
- The impact of technological advancements driving increased demand in thriving markets like Spain and Italy.
- The exploration of emerging markets, such as Luxembourg and Denmark, which may continue to rise with increasing imports.
Top countries in Import of Electrical Insulating Fittings of Plastics by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30,052,000 | 2023 | +2.28% | -2.32% | View data |
| 2 | 2 Czechia | 18,690,000 | 2023 | |||
| 3 | 3 France | 17,790,000 | 2023 | +4.59% | +4% | View data |
| 4 | 4 Hungary | 15,766,000 | 2023 | +2.62% | +3.47% | View data |
| 5 | 5 Romania | 13,933,000 | 2023 | +1.22% | -1.05% | View data |
| 6 | 6 Belgium | 13,565,000 | 2023 | +8.24% | -1.26% | View data |
| 7 | 7 Spain | 12,175,000 | 2023 | +7.1% | +17.25% | View data |
| 8 | 8 Italy | 11,083,000 | 2023 | +5.89% | +9.43% | View data |
| 9 | 9 Poland | 10,329,000 | 2023 | +2.71% | +3.98% | View data |
| 10 | 10 Netherlands | 9,590,000 | 2023 | +4.44% | +5.95% | View data |
