In 2023, Lithuania leads with a production index of 15.97, significantly surpassing Italy, France, Spain, and Germany. Italy follows with 11.98, while France, Spain, and Germany register closely at 10.99, 10.65, and 10.61, respectively. In 2022, Lithuania experienced a robust year-on-year increase of 7.04%, while Italy grew by 2.46%, France by 0.57%, Spain by 0.87%, and Germany by 0.32%. This reflects strong growth in Lithuania's glass production, while major economies like Germany show modest increases.
Future trends to watch include technological advancements in environmentally friendly glass production and fluctuating energy prices impacting production costs. Monitoring these factors is crucial as they could significantly influence the European glass manufacturing industry's landscape and competitive dynamics in coming years.
Top countries in Glass and Glass Products Production Index by Country
| # | 5 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 159.7 | 2022 | +9.08% | +7.04% | View data |
| 2 | 2 Italy | 119.8 | 2022 | +0.67% | +2.46% | View data |
| 3 | 3 France | 109.9 | 2022 | +4.47% | +0.57% | View data |
| 4 | 4 Spain | 106.5 | 2022 | -0.84% | +0.87% | View data |
| 5 | 5 Germany | 106.1 | 2022 | +3.71% | +0.32% | View data |
