In 2023, Italy led European production of tubes, pipes, and hoses of vulcanised rubber, contributing over 24% to the total output in this sector. Germany and the United Kingdom followed, with shares of approximately 19% and 14% respectively. Notably, the UK experienced significant growth with an 8.88% increase, while Bulgaria and Romania also showcased robust growth at 5.66% and 8.36% respectively. In contrast, Spain experienced a notable decline of 10.6%, while Portugal's production share dropped by 19.89%, signaling potential market shifts or challenges in these regions.
The Serbian market exhibited an exceptional surge, with a 72.53% increase from the previous year, indicating a growing capacity or demand. Additionally, smaller producers like Lithuania and Estonia demonstrated double-digit growth, hinting at emerging players in the market.
Looking forward, the industry may witness increased concentration in Italy, the UK, and Eastern Europe, as emerging economies and increasing demand in certain sectors fuel growth. It will be crucial to monitor technological advancements and shifts in export-import dynamics, which can impact European production landscapes.
Top countries in Sold Production of Tubes, Pipes and Hoses, of Vulcanised Rubber Other than Hard Rubber Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24.16 | 2023 | +1.97% | +1.11% | View data |
| 2 | 2 Germany | 18.8 | 2023 | +2.57% | -0.46% | View data |
| 3 | 3 United Kingdom | 13.52 | 2023 | +4% | +8.88% | View data |
| 4 | 4 Czechia | 10.4 | 2023 | |||
| 5 | 5 Bulgaria | 7.8 | 2023 | +3.01% | +5.66% | View data |
| 6 | 6 Romania | 6.51 | 2023 | +4.91% | +8.36% | View data |
| 7 | 7 Poland | 4.84 | 2023 | +3.23% | +3.61% | View data |
| 8 | 8 France | 4.19 | 2023 | +4.61% | +0.6% | View data |
| 9 | 9 Hungary | 4.01 | 2023 | +1.15% | -2.16% | View data |
| 10 | 10 Spain | 3.91 | 2023 | -3.48% | -10.6% | View data |
