In 2023, Italy captured the largest share of European sold production of plates, sheets, and strip of vulcanised rubber at 22.88%. Germany followed with 15.52%, despite a year-on-year decline of 1.41%. Sweden, Belgium, and France continued to maintain significant market positions, with Sweden showing a notable growth of 6.45%. Other countries like Poland, Romania, and Denmark experienced growths of 7.94%, 5.4%, and 9.79% respectively. In contrast, Croatia and Lithuania saw substantial declines of 14.41% and 17.13%.
Looking ahead, the European market for vulcanised rubber may see increased competition as countries like Poland and Romania continue to grow. Key factors to monitor include technological advancements and the impact of economic policies on production costs and demand. Sustainability trends may also influence future production practices and market shares.
Top countries in Sold Production of Plates, Sheets and Strip of Vulcanised Rubber Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.88 | 2023 | +2.11% | +4.16% | View data |
| 2 | 2 Germany | 15.52 | 2023 | +0.94% | -1.41% | View data |
| 3 | 3 Sweden | 10.29 | 2023 | +1.99% | +6.45% | View data |
| 4 | 4 Belgium | 9.9 | 2023 | +3% | -0.16% | View data |
| 5 | 5 France | 9.82 | 2023 | +0.95% | -2.18% | View data |
| 6 | 6 Spain | 8.62 | 2023 | +7.48% | +1.25% | View data |
| 7 | 7 United Kingdom | 6.42 | 2023 | -0.86% | +0.44% | View data |
| 8 | 8 Poland | 4.67 | 2023 | +4.4% | +7.94% | View data |
| 9 | 9 Netherlands | 4.61 | 2023 | +2.6% | +1.59% | View data |
| 10 | 10 Czechia | 3.94 | 2023 |
