The 2023 data shows that Italy dominates the European market for sold production of rubber hose reinforced with metal, accounting for 73.86% of the total volume. Poland, with 19.43%, is the second-largest producer, experiencing significant growth with a 4.43% year-on-year increase. Germany, although a major industrial player, saw a decline of 17.95%. Notable growth was seen in Hungary (9.14%) and Lithuania (18.69%). Most other countries, including the UK, Spain, and Denmark, saw declines, with Spain experiencing a drastic reduction of 52.23% over the previous year.
Looking forward, the focus will likely shift towards technological advancements and efficiency improvements to enhance competitiveness. Countries showing upward trends, such as Lithuania, may continue to invest and expand their market shares. Environmental regulations and material innovations could also reshape the future of rubber hose production, pushing companies towards sustainable practices and materials.
Top countries in Sold Production of Rubber Hose Reinforced with Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 73.86 | 2023 | +5.65% | +0.49% | View data |
| 2 | 2 Poland | 19.43 | 2023 | +3.74% | +4.43% | View data |
| 3 | 3 Germany | 1.1 | 2023 | -43.69% | -17.95% | View data |
| 4 | 4 Bulgaria | 0.86 | 2023 | +0.052% | -15.94% | View data |
| 5 | 5 Hungary | 0.23 | 2023 | +3.2% | +9.14% | View data |
| 6 | 6 United Kingdom | 0.22 | 2023 | -40.92% | -26.6% | View data |
| 7 | 7 Lithuania | 0.14 | 2023 | +6.67% | +18.69% | View data |
| 8 | 8 Spain | 0.033 | 2023 | -88.51% | -52.23% | View data |
| 9 | 9 Croatia | 0.009 | 2023 | +4.67% | View data | |
| 10 | 10 Finland | 0.002 | 2021 | +32.92% | +10.67% | View data |
