In 2023, leading the European sold production of Portland Cement, France stands at €1.7348 billion, closely followed by Spain at €1.54 billion and Italy at €1.4839 billion. Germany reports a production value of €1.4337 billion while Poland and the United Kingdom contributed €1.0908 billion and €1.0085 billion respectively. Other notable producers include Romania (€0.57965 billion) and Ireland (€0.50349 billion). The lowest producer in this dataset is Estonia with €0.03333 billion.
Year-on-year variations in 2023 reveal notable trends: Italy (8.06%) and Spain (7.54%) experienced significant growth, while Hungary showed a high increase of 7.14%. Conversely, Estonia faced a negative growth trend at -2.65%. The Compound Annual Growth Rate (CAGR) over the past five years indicates consistent industry growth, with most countries showing positive trends - Spain and Italy being the frontrunners.
Future trends to watch include further consolidation within the top-producing nations and potential recovery in Estonia. As sustainability and carbon reduction become increasingly pivotal, countries like Germany and France may invest more in green cement production techniques, influencing overall production values in Europe.
Top countries in Sold Production of Portland Cement by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,734,800,000 | 2023 | +1.46% | +0.89% | View data |
| 2 | 2 Spain | 1,540,000,000 | 2023 | +10.35% | +7.54% | View data |
| 3 | 3 Italy | 1,483,900,000 | 2023 | +1.44% | +8.06% | View data |
| 4 | 4 Germany | 1,433,700,000 | 2023 | +2.45% | +3.6% | View data |
| 5 | 5 Poland | 1,090,800,000 | 2023 | +1.68% | +3.15% | View data |
| 6 | 6 United Kingdom | 1,008,500,000 | 2023 | +1.01% | +5.41% | View data |
| 7 | 7 Romania | 579,650,000 | 2023 | +1.31% | +3.52% | View data |
| 8 | 8 Ireland | 503,490,000 | 2023 | +5.93% | +6.21% | View data |
| 9 | 9 Greece | 442,610,000 | 2023 | +4.5% | +3.16% | View data |
| 10 | 10 Austria | 413,560,000 | 2023 | +0.7% | +2.62% | View data |
