In 2023, Germany led European rubber and plastics products manufacturing with an output of 92.28 billion euros, followed by Italy at 46.35 billion euros and France at 30.25 billion euros. The Netherlands recorded 12.79 billion euros, while Austria stood at 7.49 billion euros. Portugal produced 5.16 billion euros, Ireland 2.97 billion euros, Greece 2.21 billion euros, Estonia 0.6256 billion euros, and Latvia 0.3649 billion euros.
Year-on-year variations for 2023 reveal significant trends: Germany's output grew by 1.35%, Italy 0.18%, and France declined by 0.13%. The Netherlands saw substantial growth at 6.36%, Austria at 1.49%, and Portugal at 3.31%. Ireland surged by 11.85%, Greece grew by 4.94%, Estonia by 6.94%, and Latvia by 7.36%.
Future trends to watch include continued growth in innovation and advancements in sustainable practices, particularly in Germany and Ireland. Italy and France may focus on stabilizing their outputs, while smaller markets like Estonia and Latvia might experience higher volatility. Sustainability and technological advancements will be key factors influencing future growth trajectories across these countries.
Top countries in Rubber and Plastics Products Manufacturing Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 92,280 | 2023 | +1.85% | +1.35% | View data |
| 2 | 2 Italy | 46,350 | 2023 | +1.13% | +0.18% | View data |
| 3 | 3 France | 30,250 | 2023 | +3.24% | -0.13% | View data |
| 4 | 4 Netherlands | 12,790 | 2023 | +4.04% | +6.36% | View data |
| 5 | 5 Austria | 7,490 | 2023 | -4.85% | +1.49% | View data |
| 6 | 6 Portugal | 5,160 | 2023 | +3.64% | +3.31% | View data |
| 7 | 7 Ireland | 2,970 | 2023 | +14.41% | +11.85% | View data |
| 8 | 8 Greece | 2,210 | 2023 | +0.45% | +4.94% | View data |
| 9 | 9 Estonia | 625.6 | 2023 | +3.24% | +6.94% | View data |
| 10 | 10 Latvia | 364.9 | 2023 | +3.19% | +7.36% | View data |
