In 2023, the European Sold Production of Glass in the mass share by country in Euros was dominated by Germany, contributing significantly more than other countries. Germany exhibited a negative year-on-year variation of about -5.84%. Notably, Finland showed a positive change, while Spain, Portugal, Estonia, and Hungary experienced either negligible or negative fluctuations. The Compound Annual Growth Rate (CAGR) for the last five years suggests a declining or stabilizing market across most countries, with Germany showing the most significant drop in recent years.
Future trends to monitor for the European glass production market include:
- The impact of sustainable practices and regulations on production.
- Technological advancements affecting production efficiency.
- The effect of economic conditions on production levels and market share.
- Potential growth opportunities in countries currently showing minimal production levels.
Top countries in Sold Production of Glass in the Mass Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 90.67 | 2023 | +1.67% | -5.84% | View data |
| 2 | 2 Italy | 0.56 | 2021 | View data | ||
| 3 | 3 Finland | 0.17 | 2023 | +3.21% | +0.73% | View data |
| 4 | 4 Spain | 0.15 | 2023 | +10.26% | -0.87% | View data |
| 5 | 5 Portugal | 0.13 | 2023 | +14.71% | -9.85% | View data |
| 6 | 6 Estonia | 0.005 | 2023 | +2.3% | View data | |
| 7 | 7 Hungary | 0 | 2023 | -4.58% | View data |
