In 2023, Germany led the European value-added market of Rubber and Plastics Products, and Other Non-metallic Mineral Products with a substantial share, followed by Italy, Spain, and Austria. Most countries, like Austria and Belgium, showed positive year-on-year growth. Ireland and Slovakia experienced the highest growth rates, while Greece saw a decline. Overall, variations depict mixed trends across Europe, with an increased average annual growth trend noted in countries like Slovenia and Estonia over the last five years.
Future trends to watch include further integration of sustainability practices, advancements in recycling technologies, and continued growth in countries with robust industrial policies. Moreover, Germany's dominance may continue with technological innovations driving sector expansion and competitiveness.
Top countries in Value Added of Rubber and Plastics Products, and Other Non-metallic Mineral Products Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 45.11 | 2023 | +1.33% | +1.09% | View data |
| 2 | 2 Italy | 21.39 | 2023 | +0.69% | +0.41% | View data |
| 3 | 3 Spain | 10.28 | 2023 | +0.017% | -0.15% | View data |
| 4 | 4 Austria | 5.02 | 2023 | +1.26% | +1.31% | View data |
| 5 | 5 Netherlands | 4.82 | 2023 | +1.33% | +1.2% | View data |
| 6 | 6 Belgium | 4.59 | 2023 | +1.13% | +1.34% | View data |
| 7 | 7 Slovakia | 2.09 | 2023 | +2.69% | +4.27% | View data |
| 8 | 8 Finland | 2.04 | 2023 | +0.78% | +0.61% | View data |
| 9 | 9 Ireland | 1.61 | 2023 | +2.36% | +4.09% | View data |
| 10 | 10 Greece | 1.06 | 2023 | -2.57% | -2.37% | View data |
