In 2023, Portugal led European sold production of outer soles and heels of rubber with €111.86 million, showing a modest growth of 0.79% year-on-year. Italy and Spain followed closely, with €75.416 million and €75.266 million respectively, both experiencing declines; Italy saw a -4.45% drop and Spain a -1.24% decrease. Romania's production surged by 11.58% to €11.158 million, indicating significant growth. The United Kingdom and Bulgaria observed slight increases, while Czechia remained steady. Poland showed a mild growth trajectory with a 1.91% increase.
Looking ahead, watch for:
- Technological advancements shaping production efficiency.
- Sustainability trends influencing material selection.
- Market consolidation in leading countries like Portugal and Italy.
- Potential emerging market growth within Eastern Europe.
Top countries in Sold Production of Outer Soles and Heels of Rubber by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 111,860,000 | 2023 | +8.81% | +0.79% | View data |
| 2 | 2 Italy | 75,416,000 | 2023 | -26.69% | -4.45% | View data |
| 3 | 3 Spain | 75,266,000 | 2023 | +6.85% | -1.24% | View data |
| 4 | 4 Romania | 11,158,000 | 2023 | +3.32% | +11.58% | View data |
| 5 | 5 Czechia | 7,296,600 | 2023 | |||
| 6 | 6 United Kingdom | 3,674,700 | 2023 | +0.71% | +2.06% | View data |
| 7 | 7 Poland | 2,030,900 | 2023 | +2.48% | +1.91% | View data |
| 8 | 8 Bulgaria | 1,080,200 | 2023 | +4.16% | +3.49% | View data |
