As of 2023, Germany leads European rubber and plastic products manufacturing with a production value of €89.09 billion, followed by Italy (€45.64 billion) and France (€30.14 billion). Year-on-year, Poland saw the highest growth at 2.7%, while France faced a decline of 1.3%. Romania demonstrated strong performance with a 3.87% increase, Serbia and Bosnia and Herzegovina grew notably by 7.82% and 7.83%, respectively. Conversely, Greece and Croatia experienced declines of 0.74% and 2.75%. The Compound Annual Growth Rate (CAGR) over the past five years highlights a steady upward trend, albeit with significant variations among individual countries.
Future trends to watch include technological advancements in sustainable production, increased automation, and the impact of regulatory changes targeting environmental sustainability. Continued expansion in Eastern European countries like Romania and Serbia may shift the production landscape. Monitoring economic policies and global trade agreements will be essential for forecasting future production values.
Top countries in Rubber and Plastic Products Manufacturing Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 89,090 | 2023 | +1.59% | +0.25% | View data |
| 2 | 2 Italy | 45,640 | 2023 | +1.25% | +0.13% | View data |
| 3 | 3 France | 30,140 | 2023 | +0.7% | -1.3% | View data |
| 4 | 4 United Kingdom | 26,880 | 2023 | +0.26% | +0.61% | View data |
| 5 | 5 Poland | 26,030 | 2023 | +3.77% | +2.7% | View data |
| 6 | 6 Spain | 23,270 | 2023 | +5.64% | +2.18% | View data |
| 7 | 7 Czech Republic | 11,860 | 2023 | +4.46% | +0.75% | View data |
| 8 | 8 Netherlands | 9,800 | 2023 | +1.68% | +1.01% | View data |
| 9 | 9 Belgium | 7,920 | 2023 | +0.67% | +0.91% | View data |
| 10 | 10 Austria | 7,190 | 2023 | +1.75% | +0.34% | View data |
