Germany dominates in the European production of rubber and plastics products, recording a value of 89.12 billion euros in 2023. Italy follows with 47.71 billion euros, and Spain at 21.66 billion euros. The industry observed varied year-on-year growth in production values: Germany (0.69%), Italy (0.77%), and Spain (1.21%). Luxembourg led with remarkable growth at 4.64%. Slovenia, Greece, and Estonia also witnessed significant increases, indicating a broadening of production capacity.
Looking forward, expect shifts towards sustainability and circular economy strategies to influence production patterns. Innovations in material science and recycling technologies may introduce new growth opportunities and challenges in the region.
Top countries in Production of Rubber and Plastics Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 89,120 | 2023 | +1.37% | +0.69% | View data |
| 2 | 2 Italy | 47,710 | 2023 | +1.12% | +0.77% | View data |
| 3 | 3 Spain | 21,660 | 2023 | +1.3% | +1.21% | View data |
| 4 | 4 Netherlands | 10,340 | 2023 | +1.83% | +1.92% | View data |
| 5 | 5 Belgium | 9,250 | 2023 | +2.17% | +2.2% | View data |
| 6 | 6 Austria | 7,650 | 2023 | +1.81% | +1.89% | View data |
| 7 | 7 Luxembourg | 5,300 | 2023 | +3.7% | +4.64% | View data |
| 8 | 8 Finland | 3,260 | 2023 | +0.8% | +0.84% | View data |
| 9 | 9 Slovenia | 2,250 | 2023 | +2.55% | +2.48% | View data |
| 10 | 10 Greece | 2,080 | 2023 | +1.58% | +2.51% | View data |
