In 2023, Italy dominated European production with 13.162 million kg, followed by France at 7.9309 million kg. Germany, at 3.1052 million kg, showed a decline in production by 2.41% from the previous year, while other countries like Lithuania and Romania experienced moderate growths of 2.05% and 3.94%, respectively. Notably, Estonia's production plummeted by 9.26%. Over the past five years, market dynamics revealed fluctuations with different competitive strategies per country.
Looking ahead, the European market is expected to experience moderate growth driven by technological advancements in manufacturing processes and increasing demand in the automotive and fashion industries. However, market participants should be wary of environmental regulations and potential trade barriers. Monitoring technological innovations and consumer preferences will be crucial for capturing market opportunities.
Top countries in Sold Production of Rubber Thread and Cord, Textile Covered, Textile Yarn and Strip Impregnated, Coated, Covered or Sheathed with Rubber or Plastics by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 13,162,000 | 2023 | +2.81% | +12.55% | View data |
| 2 | 2 France | 7,930,900 | 2023 | +7.79% | +6.21% | View data |
| 3 | 3 Germany | 3,105,200 | 2023 | +3.48% | -2.41% | View data |
| 4 | 4 Spain | 736,290 | 2021 | View data | ||
| 5 | 5 Lithuania | 168,530 | 2023 | +2.21% | +2.05% | View data |
| 6 | 6 Romania | 81,780 | 2023 | -1.14% | +3.94% | View data |
| 7 | 7 Croatia | 61,920 | 2023 | +4.45% | +1.48% | View data |
| 8 | 8 Estonia | 22,950 | 2023 | -9.55% | -9.26% | View data |
| 9 | 9 Denmark | 163 | 2023 | +29.37% | View data |
