Italy leads the European market with a 21.26% share, showing an impressive year-on-year growth of 15.64% in 2023. This is followed by France and Poland with shares of 17.34% and 10.86%, respectively, and modest growth rates. Spain holds a 10.13% share and demonstrated a significant increase of 5.87%. Austria (5.68%) and Belgium (3.74%) showed positive growth, while the United Kingdom experienced a slight decline. Eastern European countries like Romania and Hungary have shares of 3.81% and 2.33% respectively, showing solid growth. Other countries have minor shares, with varying performance trends, such as Norway (1.34%) showing growth, while Finland (-7.92%) and Montenegro (-18.3%) faced declines.
Future trends to watch include Italy's continued expansion, likely reinforcing its market leadership. Market consolidation in Western Europe, particularly in France and Spain, is expected. Eastern European countries may see emerging growth, driven by infrastructure development. Keep an eye on political and economic factors that could impact market stability in some regions. Additionally, sustainability trends and technological advancements in concrete production could influence future market dynamics.
Top countries in Sold Production of Ready-Mixed Concrete Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21.26 | 2023 | +13.62% | +15.64% | View data |
| 2 | 2 France | 17.34 | 2023 | +1.07% | +0.71% | View data |
| 3 | 3 Poland | 10.86 | 2023 | +2.63% | +2.32% | View data |
| 4 | 4 Spain | 10.13 | 2023 | +11.76% | +5.87% | View data |
| 5 | 5 Austria | 5.68 | 2023 | +0.74% | +2.62% | View data |
| 6 | 6 United Kingdom | 4.57 | 2023 | -0.92% | -1.9% | View data |
| 7 | 7 Romania | 3.81 | 2023 | +3.33% | +6.14% | View data |
| 8 | 8 Belgium | 3.74 | 2023 | +1.51% | +1.81% | View data |
| 9 | 9 Czechia | 2.49 | 2023 | |||
| 10 | 10 Netherlands | 2.41 | 2023 | +5.08% | +2.59% | View data |
