Germany leads European mortars production with a value of 1.62 billion Euros in 2023, followed by France at 1.39 billion Euros. Austria, Poland, and Czech Republic fall next in line with substantial contributions. Notably, France experienced a significant 28.58% year-on-year increase in 2023. Finland saw the highest surge at 43.2%, reflecting robust growth. In contrast, Italy and Serbia faced declines of -1.72% and -30.21%, respectively. The 5-year CAGR analysis may reveal significant trends in key markets such as Germany and France, where growth remains strong.
Future trends suggest increased competitiveness in the mortars market across Europe. Markets such as Finland and France may continue their upward trajectory with a focus on sustainable construction materials. Eastern European countries might experience varying growth patterns, driven by regional development and modernization efforts. Monitoring these dynamics will be crucial for stakeholders to capitalize on potential opportunities within the European mortars industry.
Top countries in Mortars Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,620 | 2023 | +1.03% | +6.21% | View data |
| 2 | 2 France | 1,390 | 2023 | +10.7% | +28.58% | View data |
| 3 | 3 Austria | 510.6 | 2023 | +1.41% | +1.51% | View data |
| 4 | 4 Poland | 424.9 | 2023 | +3.16% | +4.24% | View data |
| 5 | 5 Czech Republic | 372.2 | 2023 | +0.59% | +0.5% | View data |
| 6 | 6 Romania | 325.3 | 2023 | +9.97% | +11.97% | View data |
| 7 | 7 Spain | 281.9 | 2023 | +1.88% | +4.68% | View data |
| 8 | 8 Italy | 208 | 2023 | -0.72% | -1.72% | View data |
| 9 | 9 Finland | 192.1 | 2023 | +4.01% | +43.2% | View data |
| 10 | 10 Greece | 170.1 | 2023 | +10.6% | +14.51% | View data |
