In 2023, Belgium led in European sold production of polyethylene having a specific gravity exceeding 0.94, followed by Spain and Italy. Over the past year, Italy saw a notable 6.12% increase, while Spain experienced a slight decline of 0.18%. Hungary and Portugal recorded moderate growth of 0.27% and 1.23%, respectively. Finland and Denmark had modest increases at 2.25% and 1.24%. The UK faced a decline of 4.52%. Over the last five years, the compound annual growth rate (CAGR) illustrates a shift towards modest growth in most regions.
Future trends to watch include the impact of environmental regulations on production processes and shifts in demand driven by advancements in packaging technologies and recycling initiatives. Monitoring geopolitical events and their effect on supply chains will also be crucial. Developing markets in Eastern Europe and technological innovations could further influence production dynamics.
Top countries in Sold Production of Polyethylene Having a Specific Gravity Exceeding 0,94 in Primary Forms by Country
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 715,630,000 | 2021 | -3.3% | View data | |
| 2 | 2 Spain | 557,790,000 | 2023 | +4.92% | -0.18% | View data |
| 3 | 3 Italy | 480,860,000 | 2023 | +1.11% | +6.12% | View data |
| 4 | 4 Hungary | 341,750,000 | 2023 | +1.55% | +0.27% | View data |
| 5 | 5 Portugal | 132,130,000 | 2023 | -0.17% | +1.23% | View data |
| 6 | 6 Finland | 71,037,000 | 2023 | -9% | +2.25% | View data |
| 7 | 7 United Kingdom | 14,547,000 | 2023 | -2.69% | -4.52% | View data |
| 8 | 8 Denmark | 8,310,800 | 2023 | +14.43% | +1.24% | View data |
