The European Rubber Products Manufacturing Production Index reveals significant disparities by country. Lithuania leads with robust growth, shown by a substantial increase in its production index value, a trend initiated before 2023. Conversely, Italy, Spain, France, Germany, and Greece exhibit stagnation or decline, with Greece experiencing the steepest drop. Lithuania's remarkable 55.3% year-on-year growth in 2022 underscores its booming sector, while other countries face challenges as mirrored in their negative or minimal growth rates. The Compound Annual Growth Rate over the last five years shows Lithuania as an outlier with consistent growth, contrasting with the overall regional decline.
In future trends, watch for technological advancements and sustainability shifts influencing production efficiency and competitiveness across nations. Countries like Italy and Germany might see rebounds with digital transformation investments, whereas Lithuania may continue to capitalize on its momentum. Economic policies and international trade agreements will also be pivotal in shaping the industry's landscape.
Top countries in Rubber Products Manufacturing Production Index by Country
| # | 6 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 719.9 | 2022 | +222.83% | +55.3% | View data |
| 2 | 2 Italy | 107.5 | 2022 | -3.59% | -0.94% | View data |
| 3 | 3 Spain | 106.6 | 2022 | -1.2% | +0.056% | View data |
| 4 | 4 France | 78.6 | 2022 | -2.24% | -4.8% | View data |
| 5 | 5 Germany | 77.5 | 2022 | -8.39% | -5.08% | View data |
| 6 | 6 Greece | 39.4 | 2022 | -20.24% | -7.6% | View data |
