In 2023, Germany led European sold production of rubber tyres and tubes with a share of 22.49%. Spain followed at 16.29%, experiencing a significant 33.17% year-on-year increase. Other notable contributors included Poland (13.37%), Romania (12.71%), and Czechia (11.95%). While some countries like France and the UK saw decreases of 3.51% and 3.53% respectively, other smaller markets such as Denmark (12.29%) and Lithuania (7.77%) showed positive trends.
Future trends to watch for include continued growth in Eastern European countries like Poland and Romania, further consolidating their market positions. Technological advancements and environmental regulations are expected to drive innovation and production efficiency, shaping the industry's landscape in coming years.
Top countries in Sold Production of Rubber Tyres and Tubes Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.49 | 2023 | +6.23% | +1.14% | View data |
| 2 | 2 Spain | 16.29 | 2023 | +5.7% | +33.17% | View data |
| 3 | 3 Poland | 13.37 | 2023 | +2.67% | +3.32% | View data |
| 4 | 4 Romania | 12.71 | 2023 | +3.52% | +3.15% | View data |
| 5 | 5 Czechia | 11.95 | 2023 | |||
| 6 | 6 Hungary | 9.1 | 2023 | +3.5% | +2.79% | View data |
| 7 | 7 France | 8.29 | 2023 | -2.63% | -3.51% | View data |
| 8 | 8 Portugal | 7.2 | 2023 | +29.25% | +1.95% | View data |
| 9 | 9 Italy | 6.11 | 2023 | +5.35% | +1.65% | View data |
| 10 | 10 United Kingdom | 3.94 | 2023 | -2.61% | -3.53% | View data |
