In 2023, Germany led in the European sold production of hydraulic cements, with Spain and Italy following closely. Countries like Poland and the United Kingdom showed moderate growth, while France experienced a significant decline. Eastern European nations displayed mixed performance. Over the last five years, Germany maintained stable growth, while countries like Spain and Ireland noted substantial year-on-year increases. Conversely, Estonia and Belgium struggled, reflecting negative trends. The industry's compound annual growth rate remained modest, suggesting consistent demand fluctuations influenced by economic conditions and construction activity.
Looking ahead, the European cement industry's future trends will likely be shaped by sustainability demands, recycling initiatives, and alternative material innovations. As infrastructure projects expand across the continent, growth in cement production remains promising, although environmental regulations may impact production processes and investments.
Top countries in Sold Production of Portland Cement, Aluminous Cement, Slag Cement and Similar Hydraulic Cements by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,768,500,000 | 2023 | +2.84% | +3.98% | View data |
| 2 | 2 Spain | 1,577,300,000 | 2023 | +10.17% | +7.43% | View data |
| 3 | 3 Italy | 1,513,000,000 | 2023 | -0.3% | +6.59% | View data |
| 4 | 4 Poland | 1,237,400,000 | 2023 | +1.91% | +5.78% | View data |
| 5 | 5 France | 1,231,900,000 | 2023 | -12.06% | -10.78% | View data |
| 6 | 6 United Kingdom | 1,135,400,000 | 2023 | +1.19% | +5.14% | View data |
| 7 | 7 Romania | 579,650,000 | 2023 | +1.31% | +3.52% | View data |
| 8 | 8 Ireland | 522,590,000 | 2023 | +6.25% | +7% | View data |
| 9 | 9 Greece | 442,610,000 | 2023 | +4.5% | +3.16% | View data |
| 10 | 10 Austria | 437,360,000 | 2023 | +0.43% | +2.61% | View data |
