In 2023, Germany dominated the European value added in the chemical, rubber, plastics, fuel products, and other non-metallic mineral products sector with 131.84 billion Euros, followed by Ireland at 78.45 billion Euros. The industry saw significant variations, particularly in Ireland and Slovakia, with growth rates of 4.61% and 4.37% respectively. Notably, Greece experienced a decline of 0.84%. Over a five-year period, the industry has shown steady growth, emphasized by consistent CAGR improvements.
Future trends to watch include advancements in sustainable and circular economies, digitalization in manufacturing processes, and shifts towards green energy, which are likely to influence growth and investment strategies across European countries in this sector.
Top countries in Value Added of Chemical, Rubber, Plastics, Fuel Products and Other Non-metallic Mineral Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 131,840 | 2023 | +1.24% | +1.03% | View data |
| 2 | 2 Ireland | 78,450 | 2023 | +4.43% | +4.61% | View data |
| 3 | 3 France | 57,480 | 2023 | +0.9% | +1.26% | View data |
| 4 | 4 Italy | 49,430 | 2023 | +0.9% | +0.93% | View data |
| 5 | 5 Spain | 33,070 | 2023 | +1.04% | +1.1% | View data |
| 6 | 6 Belgium | 27,850 | 2023 | +2.22% | +3.33% | View data |
| 7 | 7 Netherlands | 22,860 | 2023 | +1.74% | +1.7% | View data |
| 8 | 8 Austria | 12,570 | 2023 | +1.82% | +2.02% | View data |
| 9 | 9 Finland | 7,710 | 2023 | +1.86% | +1.95% | View data |
| 10 | 10 Greece | 3,690 | 2023 | -0.7% | -0.84% | View data |
