In 2024, Germany remains the leading producer of plastics in Europe with a production value of 19.23 billion euros. The Netherlands follows with a value of 12.43 billion euros. Italy and Spain occupy the third and fourth positions with production values of 9.48 and 8.76 billion euros respectively. Austria, France, and Belgium are also significant contributors with each generating between 5.76 and 7.8 billion euros. Smaller contributors include countries like Poland, Sweden, and Portugal, each under 4 billion euros. Lesser players such as Lithuania, Finland, Norway, and others show values well below 1 billion euros, with the smallest production value being Slovakia at 0.0107 billion euros.
Between 2022 and 2023, Germany experienced a decline of -3.2% in plastics production values, whereas Belgium saw an increase of 6.06%. Other countries such as Portugal and Poland showed growth of 3.51% and 1.35% respectively. However, nations like Slovakia and Hungary saw substantial reductions of -50.12% and -42.82% respectively. Over the last five years, the compound annual growth rates show varied performances with some countries sustaining minor growth, while others, like Hungary and Slovakia, experiencing sharp declines.
Future trends in European plastics production will focus on sustainability, with an increasing shift towards bioplastics and recycling. Innovations in plastic production techniques and regulations promoting environmental protection may influence the industry landscape significantly. Monitoring these changes will be crucial for understanding the future dynamics of plastics production in Europe.
Top countries in Plastics Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19,230 | 2023 | +2.02% | -3.2% | View data |
| 2 | 2 Netherlands | 12,430 | 2023 | +7.56% | -2.07% | View data |
| 3 | 3 Italy | 9,480 | 2023 | +4.29% | +0.67% | View data |
| 4 | 4 Spain | 8,760 | 2023 | +2.61% | -0.37% | View data |
| 5 | 5 Austria | 7,800 | 2023 | +4.88% | -0.87% | View data |
| 6 | 6 France | 6,440 | 2023 | +2.78% | -0.51% | View data |
| 7 | 7 Belgium | 5,760 | 2023 | +3.09% | +6.06% | View data |
| 8 | 8 United Kingdom | 5,670 | 2023 | +1.02% | -0.44% | View data |
| 9 | 9 Poland | 3,100 | 2023 | +2.14% | +1.35% | View data |
| 10 | 10 Sweden | 2,630 | 2023 | +7.36% | +3.3% | View data |
