The European Consumer Goods Production Index reveals notable differences among countries. As of 2023, Belgium leads with a value of 19.63, followed by Denmark and Sweden. Over the past two years, production growth was strongest in Belgium, Denmark, and Sweden, with the most significant change observed in Belgium at 12.47%. In contrast, Germany and Luxembourg experienced a decrease in production. The five-year compound annual growth rates highlight consistent moderate growth across most countries, although some, like Luxembourg and Germany, have faced a declining trend.
Future trends to watch include varying levels of adaptation to supply chain innovations and sustainability initiatives. Countries like Belgium and Denmark may continue to lead due to their early adoption of advanced technologies. Meanwhile, economic policies in the European Union and global geopolitical influences could further impact production dynamics across the continent, necessitating close monitoring of external economic factors and their potential to disrupt or enhance consumer goods production. Sustainability and digitalization efforts remain critical for future growth.
Top countries in Consumer Goods Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 196.3 | 2022 | +2.61% | +12.47% | View data |
| 2 | 2 Denmark | 170.4 | 2022 | +29.19% | +9.17% | View data |
| 3 | 3 Sweden | 161 | 2022 | +20.87% | +10.85% | View data |
| 4 | 4 Poland | 141.5 | 2022 | +7.2% | +4.69% | View data |
| 5 | 5 Slovenia | 140.6 | 2022 | +10.19% | +5.79% | View data |
| 6 | 6 Lithuania | 133.6 | 2022 | +7.22% | +5.24% | View data |
| 7 | 7 Hungary | 131 | 2022 | +5.99% | +4.68% | View data |
| 8 | 8 Cyprus | 130.5 | 2022 | +6.27% | +2.58% | View data |
| 9 | 9 Greece | 127.7 | 2022 | +7.13% | +4.33% | View data |
| 10 | 10 Latvia | 125.5 | 2022 | +4.32% | +2.28% | View data |