The market exhibited noticeable fluctuations from 2012-2022. A growth trend was apparent until 2018 with peak values in 2016 at 23.028 million kg. However, the market experienced significant declines in subsequent years, with the sharpest fall in 2019 (-34.13%). The year-on-year (YoY) variation in 2022 showed slight recovery at 0.79%. Analyzing the Compound Annual Growth Rate (CAGR) over the last five years (2018-2022), we see an average decline of -10.7%.
Future Trends
Future trends to watch for include the impact of regulatory changes, innovations in PVC recycling, and shifts in demand from construction and automotive industries. Emphasis on sustainable materials might also influence market dynamics significantly.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 603,420,000 | 2023 | -0.53% | -0.9% | View data |
| 2 | 2 France | 459,330,000 | 2023 | -2.05% | -2.04% | View data |
| 3 | 3 Portugal | 81,264,000 | 2023 | -6.73% | -5.48% | View data |
| 4 | 4 Hungary | 74,443,000 | 2023 | +1.33% | +2.11% | View data |
| 5 | 5 Greece | 26,419,000 | 2023 | +0.4% | +1.22% | View data |
| 6 | 6 Denmark | 11,557,000 | 2023 | -5.85% | -13.32% |
