In 2023, Belgium led the European production of polymers of propylene or other olefins in primary forms with 2.4257 billion kilograms. Other significant producers included France, Italy, and the Netherlands. The year-on-year variations from 2023 indicate notable growth, with Italy increasing by 6.36% and France by 3.83%. Conversely, Germany experienced a significant decline of 12.7%, and the Netherlands decreased by 6.06%. Long-term trends show Belgium maintaining a position of strength, while Eastern European countries gradually increase their production capabilities. Over the last five years, the average annual growth, or CAGR, showcases Italy and France as notable performers in the sector.
Future trends to watch in the European market include the potential impact of environmental regulations, technological advancements in production processes, and shifts in global demand. The emphasis on sustainable practices and the development of bio-based polymers may reshape production dynamics. Monitoring these factors will be crucial to understanding the evolution of the polymer market in Europe.
Top countries in Sold Production of Polymers of Propylene or of Other Olefins in Primary Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 2,425,700,000 | 2023 | +0.79% | +0.0073% | View data |
| 2 | 2 France | 1,645,300,000 | 2023 | +1.13% | +3.83% | View data |
| 3 | 3 Italy | 1,416,900,000 | 2023 | +9.76% | +6.36% | View data |
| 4 | 4 Netherlands | 977,840,000 | 2023 | -1.47% | -6.06% | View data |
| 5 | 5 Spain | 952,280,000 | 2023 | -0.19% | -0.95% | View data |
| 6 | 6 Czechia | 436,010,000 | 2023 | |||
| 7 | 7 United Kingdom | 364,110,000 | 2023 | -0.71% | -1.08% | View data |
| 8 | 8 Slovakia | 351,510,000 | 2023 | +5.98% | +4.35% | View data |
| 9 | 9 Germany | 341,700,000 | 2023 | -15.01% | -12.7% | View data |
| 10 | 10 Hungary | 274,160,000 | 2023 | -0.73% | -1.38% | View data |
