In 2024, Germany holds the largest share in European plastics production value at 22.38 million Euros, though experiencing a decline of 3.2% from the previous year. The Netherlands follows at 14.46 million Euros, also facing a 2.07% decrease. Italy shows slight growth at 11.02 million Euros. Belgium and Portugal demonstrate significant positive trends with increases of 6.06% and 3.51% respectively. Conversely, countries like Hungary and Slovakia encountered substantial declines, with Slovakia witnessing a 50.12% drop in its value share.
Future trends to watch include potential recovery in regions that saw declines, with innovations in sustainable practices potentially boosting production value share. Emerging markets within Europe could bolster their positions by leveraging technological advancements and sustainable production methods.
Top countries in Plastics Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.38 | 2023 | +2.02% | -3.2% | View data |
| 2 | 2 Netherlands | 14.46 | 2023 | +7.56% | -2.07% | View data |
| 3 | 3 Italy | 11.02 | 2023 | +4.29% | +0.67% | View data |
| 4 | 4 Spain | 10.2 | 2023 | +2.61% | -0.37% | View data |
| 5 | 5 Austria | 9.07 | 2023 | +4.88% | -0.87% | View data |
| 6 | 6 France | 7.49 | 2023 | +2.78% | -0.51% | View data |
| 7 | 7 Belgium | 6.7 | 2023 | +3.09% | +6.06% | View data |
| 8 | 8 United Kingdom | 6.6 | 2023 | +1.02% | -0.44% | View data |
| 9 | 9 Poland | 3.6 | 2023 | +2.14% | +1.35% | View data |
| 10 | 10 Sweden | 3.06 | 2023 | +7.36% | +3.3% | View data |
