The European ready-mixed concrete market's turnover in 2023 shows a dominant position for France, capturing a significant share, followed by Italy and Germany. Despite Germany's market experiencing a decline, there are growth signs from markets like Hungary, Portugal, and Croatia. Countries such as Finland, Norway, and Germany saw declines, while others like France, led by a substantial increase, show marked growth. Overall, the market dynamics in 2023 emphasized a regional shift towards markets with improving infrastructure investments.
Future trends to watch include:
- Continued expansion in markets fueled by urbanization and infrastructure projects such as Eastern Europe.
- Impact of sustainability initiatives on material sourcing and construction practices influencing market dynamics.
- Influence of economic conditions and construction policy changes affecting overall growth rates across the continent.
Top countries in Ready-Mixed Concrete Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 45.6 | 2023 | +19.94% | +16.99% | View data |
| 2 | 2 Italy | 8.92 | 2023 | +1.96% | +4.52% | View data |
| 3 | 3 Germany | 6.53 | 2023 | -14.32% | -7.98% | View data |
| 4 | 4 United Kingdom | 5.74 | 2023 | -6.85% | +3.65% | View data |
| 5 | 5 Austria | 4.78 | 2023 | +0.45% | +1.87% | View data |
| 6 | 6 Spain | 3.48 | 2023 | +1.51% | +1.62% | View data |
| 7 | 7 Poland | 3.29 | 2023 | +2.16% | -0.3% | View data |
| 8 | 8 Norway | 2.17 | 2023 | +0.24% | -1.38% | View data |
| 9 | 9 Czech Republic | 2.11 | 2023 | -0.084% | -0.13% | View data |
| 10 | 10 Denmark | 1.94 | 2023 | +2.98% | +4.91% | View data |