As of 2023, Czechia leads in European production of moulded rubber articles for tractors and motor vehicles, with Italy and Spain following. The five-year CAGR reveals varying trends, with substantial growth in Portugal, while Germany and the UK experienced declines. Notable decreases featured in Finland and Lithuania, with many countries, including Poland and Hungary, showing modest or negative year-on-year variations in 2023.
Future trends to watch include:
- Potential growth in Eastern European regions due to lower production costs.
- Investments in sustainable materials could influence production shares.
- Technological advances may shift production dynamics across countries.
- Economic recovery could enhance production capacities in countries experiencing recent declines.
Top countries in Sold Production of Moulded Rubber Articles for Tractors and Motor Vehicles Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czechia | 21.4 | 2023 | |||
| 2 | 2 Italy | 19.04 | 2023 | -0.4% | +1.77% | View data |
| 3 | 3 Spain | 17.19 | 2023 | +14.77% | +3.64% | View data |
| 4 | 4 Portugal | 15.73 | 2023 | +1.78% | +37.71% | View data |
| 5 | 5 Germany | 14 | 2023 | +3.88% | -5.15% | View data |
| 6 | 6 Poland | 10.68 | 2023 | +1.25% | -1.14% | View data |
| 7 | 7 Romania | 6.4 | 2023 | +5.02% | +5.1% | View data |
| 8 | 8 Austria | 3.44 | 2023 | +3.28% | -0.033% | View data |
| 9 | 9 United Kingdom | 2.89 | 2023 | +0.21% | -3.72% | View data |
| 10 | 10 France | 2.79 | 2023 | +1.9% | -3.59% | View data |
