In 2023, Germany led European Gross Fixed Capital Formation on Cleaner Environmental Protection Assets in the Manufacture of Rubber and Plastic Products, accounting for 50.2 million Euros. Belgium and France followed with 5.7 and 4.5 million Euros, respectively, while Italy and Ireland lagged at 1.8 and 1.1 million Euros. Year-on-year growth rates showed an increase in Germany (3.29%) and Belgium (2.25%), while France saw a slight decline (-0.44%). Italy experienced notable reduction (-15.18%), and Ireland remained stable (0.0%).
Future trends to watch for include:
- Increased investment in cleaner technologies, particularly in Germany and Belgium, to fulfill stringent EU environmental regulations.
- Potential recovery in Italy as they seek to enhance sustainable practices.
- Continued focus on sustainability driving similar investment trends across Europe.
Top countries in Gross Fixed Capital Formation on Cleaner Environmental Protection Assets in All Environmental Protection Activities in Manufacture of Rubber and Plastic Products by the Business Sector by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.2 | 2023 | +3.93% | +3.29% | View data |
| 2 | 2 Belgium | 5.7 | 2023 | +1.79% | +2.25% | View data |
| 3 | 3 France | 4.5 | 2023 | -8.16% | -0.44% | View data |
| 4 | 4 Italy | 1.8 | 2023 | -18.18% | -15.18% | View data |
| 5 | 5 Ireland | 1.1 | 2023 | +10% | 0% | View data |
