In 2023, Germany led European plastic and rubber machinery production with a robust value of 9.53 billion euros, experiencing a steady 2.5% growth. Italy and Austria followed, with values of 2.82 billion and 2.61 billion euros, respectively. Notable growth was seen in Czech Republic, Portugal, and Romania with increases of 7.38%, 7.86%, and 7.44%. France also showed a positive trend with 3.35% growth. Meanwhile, Finland faced the largest decline at -8.46%, indicating challenges in maintaining competitiveness.
Future trends to watch
Top countries in Plastic and Rubber Machinery Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,530 | 2023 | +6.39% | +2.5% | View data |
| 2 | 2 Italy | 2,820 | 2023 | +1.81% | -1.43% | View data |
| 3 | 3 Austria | 2,610 | 2023 | +7.11% | +2.24% | View data |
| 4 | 4 France | 1,970 | 2023 | +4.48% | +3.35% | View data |
| 5 | 5 Czech Republic | 312.4 | 2023 | +6.8% | +7.38% | View data |
| 6 | 6 Sweden | 272.6 | 2023 | +5.8% | +5.38% | View data |
| 7 | 7 Spain | 214 | 2023 | +0.094% | +0.72% | View data |
| 8 | 8 Poland | 142.3 | 2023 | +5.33% | +3.73% | View data |
| 9 | 9 Slovakia | 93.7 | 2023 | +7.7% | -4.15% | View data |
| 10 | 10 Hungary | 60.1 | 2023 | +6% | +1.14% | View data |
