The 2023 data reveals a pronounced disparity in Gross Value Added per employee FTE for the European rubber tires and tubes sector. Portugal leads, followed closely by Finland and Italy, indicating strong productivity. Conversely, Eastern European countries like Croatia, Estonia, and Greece show significantly lower values, reflecting potential inefficiencies. Notably, Bulgaria reported a negative value, which is unusual and requires further investigation. Historically, the sector has shown minimal year-on-year variation without significant shifts in CAGR over the past five years.
Future trends to watch include:
- Technological advancements improving productivity and operational efficiencies in higher-performing countries.
- An emphasis on sustainability might drive innovation and transformation across the sector.
- Potential impact of geopolitical and economic changes on rubber supply chains, influencing regional productivity dynamics.
- The role of automation and digital solutions in enhancing labor productivity in lower-performing countries.
Top countries in Rubber Tyres and Tubes Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Portugal | 182.8 | 2023 | View data |
| 2 | 2 Finland | 176.2 | 2023 | View data |
| 3 | 3 Italy | 166 | 2023 | View data |
| 4 | 4 Belgium | 133.5 | 2023 | View data |
| 5 | 5 France | 104.6 | 2023 | View data |
| 6 | 6 Germany | 100.6 | 2023 | View data |
| 7 | 7 Spain | 97.6 | 2023 | View data |
| 8 | 8 Denmark | 95 | 2023 | View data |
| 9 | 9 Slovakia | 83.9 | 2023 | View data |
| 10 | 10 Hungary | 78.3 | 2023 | View data |
