In 2023, Germany led the European production of rubber, plastics, and other non-metallic mineral products with 141.63 billion euros, reflecting a modest 0.7% year-on-year growth. Italy and Spain followed with 78.28 and 39.13 billion euros respectively, with Italy experiencing a slight increase of 0.31% and Spain a decline of 0.13%. Belgium, with a 1.56% rise, and the Netherlands, with a 1.33% increase, exhibited positive trends. Smaller markets like Luxembourg and Ireland showed significant growth rates of 4.24% and 3.81%, respectively. In contrast, Greece's production declined by 0.49%.
Future trends to watch include:
- Rising environmental regulations could impact production methods and costs.
- Technological advancements may drive efficiencies and alter production landscapes.
- Supply chain adjustments post-pandemic may influence regional production dynamics.
- Enhanced focus on sustainability might boost investment in eco-friendly alternatives.
Top countries in Production of Rubber and Plastics Products, and Other Non-metallic Mineral Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 141,630 | 2023 | +1.31% | +0.7% | View data |
| 2 | 2 Italy | 78,280 | 2023 | +0.46% | +0.31% | View data |
| 3 | 3 Spain | 39,130 | 2023 | +0.3% | -0.13% | View data |
| 4 | 4 Belgium | 17,390 | 2023 | +1.53% | +1.56% | View data |
| 5 | 5 Netherlands | 16,810 | 2023 | +1.57% | +1.33% | View data |
| 6 | 6 Austria | 14,830 | 2023 | +1.36% | +1.32% | View data |
| 7 | 7 Finland | 6,770 | 2023 | +1.06% | +1% | View data |
| 8 | 8 Luxembourg | 6,390 | 2023 | +3.46% | +4.24% | View data |
| 9 | 9 Ireland | 4,780 | 2023 | +2.07% | +3.81% | View data |
| 10 | 10 Greece | 3,720 | 2023 | -0.42% | -0.49% | View data |
