The European Rubber and Plastic Products Manufacturing Production Index shows varied performance across countries in 2023. Macedonia, Lithuania, and Poland lead with the highest index values, indicating robust growth. Meanwhile, traditional manufacturing powerhouses like Germany and France reveal lower indices, hinting at subdued sector growth. Over the past two years, Macedonia and Lithuania have demonstrated significant year-on-year growth, while Czech Republic, Austria, and Italy experience slight declines. Over the last five years, countries like Ireland and Bulgaria exhibit moderate annual growth, unlike Germany and France, where the growth has diminished.
Future trends to watch include:
- Potential policy changes in the EU affecting production and emissions regulations.
- Shifts towards sustainable materials and manufacturing practices.
- The potential impact of technological advancements in the industry.
- Fluctuations in global demand affecting raw material availability and costs.
Top countries in Rubber and Plastic Products Manufacturing Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 178.9 | 2022 | +3.77% | +8.03% | View data |
| 2 | 2 Lithuania | 173 | 2022 | +10.9% | +8.99% | View data |
| 3 | 3 Poland | 170.9 | 2022 | +8.58% | +7.82% | View data |
| 4 | 4 Ireland | 149.6 | 2022 | +0.47% | +5.7% | View data |
| 5 | 5 Bulgaria | 140.5 | 2022 | -3.83% | +3.05% | View data |
| 6 | 6 Hungary | 133.5 | 2022 | -3.4% | +4.01% | View data |
| 7 | 7 Latvia | 127 | 2022 | -2.01% | +2.99% | View data |
| 8 | 8 Greece | 125 | 2022 | +2.04% | +3.77% | View data |
| 9 | 9 Romania | 117.6 | 2022 | -4.47% | +0.73% | View data |
| 10 | 10 Czech Republic | 111.8 | 2022 | -2.19% | -0.18% | View data |
