The European market for unvulcanised rubber compounded with carbon black or silica exhibits diverse trends. In 2023, Germany led with the highest production value at 436.54 million euros, marking a robust year-on-year growth of 6.97%. Italy showed significant growth at 24.44%, whereas France experienced a substantial decline of 34.03%, highlighting market volatility. Spain and the UK saw slight decreases, while Denmark's production surged by 16.12%. Despite some countries showing minor variations, the overall market remains dynamic with contrasting trajectories.
Future trends to watch include the potential impact of sustainability efforts on material preferences, technological advancements in rubber compounding, and regulatory changes in the European Union that could influence production and trade dynamics. Monitoring these factors will be crucial as they may drive innovation and competition in the market.
Top countries in Sold Production of Unvulcanised Rubber Compounded with Carbon Black or Silica by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 436,540,000 | 2023 | +6.84% | +6.97% | View data |
| 2 | 2 Spain | 208,710,000 | 2023 | +6.23% | -0.42% | View data |
| 3 | 3 Poland | 181,940,000 | 2023 | +1.86% | +1.89% | View data |
| 4 | 4 Czechia | 150,240,000 | 2023 | |||
| 5 | 5 United Kingdom | 146,150,000 | 2023 | -1.31% | -2.59% | View data |
| 6 | 6 Italy | 112,190,000 | 2023 | +5.6% | +24.44% | View data |
| 7 | 7 Sweden | 90,837,000 | 2023 | +11.35% | +2.75% | View data |
| 8 | 8 Hungary | 83,670,000 | 2023 | +4.83% | +0.89% | View data |
| 9 | 9 Portugal | 17,112,000 | 2023 | +9.12% | +0.87% | View data |
| 10 | 10 Bulgaria | 7,350,400 | 2023 | +1.83% | -2.1% | View data |
