Germany leads the European market with a production value of 1.2524 billion Euros, followed by Italy and the United Kingdom. Notable growth in production value was seen in Bulgaria and Romania, with year-over-year increases of 7.11% and 4.03%, respectively, while the United Kingdom and Spain experienced declines. High percentage growth in Serbia and Slovakia indicates an emerging trend for these countries. Forecasts suggest continued opportunity for Eastern Europe, driven by manufacturing expansion and demand for automotive components. Watch for technological advancements and sustainability initiatives that could influence production and consumption patterns across Europe in the forthcoming years.
Top countries in Sold Production of Tubes, Pipes and Hoses, of Vulcanised Rubber Other than Hard Rubber by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,252,400,000 | 2023 | +5.55% | +1.09% | View data |
| 2 | 2 Italy | 627,150,000 | 2023 | +5.93% | +4.43% | View data |
| 3 | 3 United Kingdom | 340,850,000 | 2023 | -1.22% | -2.59% | View data |
| 4 | 4 Bulgaria | 317,270,000 | 2023 | +5.26% | +7.11% | View data |
| 5 | 5 Czechia | 312,750,000 | 2023 | |||
| 6 | 6 Hungary | 305,840,000 | 2023 | +2.85% | +1.73% | View data |
| 7 | 7 France | 238,910,000 | 2023 | +4.43% | +0.65% | View data |
| 8 | 8 Romania | 238,190,000 | 2023 | +4.67% | +4.03% | View data |
| 9 | 9 Poland | 167,750,000 | 2023 | +4.1% | +5.84% | View data |
| 10 | 10 Spain | 142,010,000 | 2023 | +6.85% | -1.23% | View data |
