In 2023, Portugal led Europe's sold production of outer soles and heels of rubber, commanding a 39.07% share, followed by Italy with 26.34% and Spain closely behind at 26.29%. Notably, Romania exhibited a significant year-on-year growth of 11.58%, while Italy and Spain experienced declines of 4.45% and 1.24%, respectively. The UK, Poland, and Bulgaria, although holding smaller shares, saw modest growths around 2-3.5%.
Looking ahead, potential trends include increased demand for sustainable rubber materials and technological innovations in footwear production, potentially influencing shifts in production shares across European countries.
Top countries in Sold Production of Outer Soles and Heels of Rubber Share by Country (Euros)
# | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Portugal | 39.07 | 2023 | +8.81% | +0.79% | View data |
2 | 2 Italy | 26.34 | 2023 | -26.69% | -4.45% | View data |
3 | 3 Spain | 26.29 | 2023 | +6.85% | -1.24% | View data |
4 | 4 Romania | 3.9 | 2023 | +3.32% | +11.58% | View data |
5 | 5 Czechia | 2.55 | 2023 | |||
6 | 6 United Kingdom | 1.28 | 2023 | +0.71% | +2.06% | View data |
7 | 7 Poland | 0.71 | 2023 | +2.48% | +1.91% | View data |
8 | 8 Bulgaria | 0.38 | 2023 | +4.16% | +3.49% | View data |