In 2023, Belgium leads in the export of machinery for plastic and rubber in Europe, capturing nearly 29% of the market share. France and Italy follow with shares of 21.63% and 16.5%, respectively. The United Kingdom experiences a decline of 15.92% year-on-year, while Poland and Spain show growth with increases of 20.65% and 30.96%, respectively. Germany, traditionally a strong player in machinery, holds a share of 1.72% with a steady growth of 6.79%. Smaller markets such as Greece have seen remarkable growth at 94.44%, whereas Estonia experienced a decline of 25.18%.
Looking ahead, the European machinery export market for plastic and rubber will likely continue to be dynamic. Key trends to watch include technological advancements in machinery, evolving environmental regulations influencing production and export, and shifts in global economic climates affecting demand from major trading partners outside Europe.
Top countries in Export of Machinery for Plastic and Rubber Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 28.99 | 2023 | +60.71% | +69.33% | View data |
| 2 | 2 France | 21.63 | 2023 | +62.51% | +56.65% | View data |
| 3 | 3 Italy | 16.5 | 2023 | +27.65% | +17.5% | View data |
| 4 | 4 United Kingdom | 6.46 | 2023 | -5.95% | -15.92% | View data |
| 5 | 5 Poland | 5.14 | 2023 | +6.85% | +20.65% | View data |
| 6 | 6 Netherlands | 4.99 | 2023 | +8.84% | +30.12% | View data |
| 7 | 7 Spain | 3.86 | 2023 | +16.95% | +30.96% | View data |
| 8 | 8 Hungary | 2.4 | 2023 | +7.05% | +20.85% | View data |
| 9 | 9 Germany | 1.72 | 2023 | +2.03% | +6.79% | View data |
| 10 | 10 Sweden | 1.06 | 2023 | +35.14% | +14.68% | View data |
