In 2023, the European Plastics Turnover varied significantly by country with Germany leading at 20.95 billion Euros, followed by the Netherlands at 12.77 billion Euros. Italy, Spain, and France also had notable turnovers of 9.12, 9.04, and 8.83 billion Euros, respectively. Other key players included Austria, the United Kingdom, and Belgium, with turnovers ranging from 5.83 to 8.4 billion Euros. Smaller turnovers were observed in countries like Poland, Sweden, and Portugal, with figures below 3.5 billion Euros, while countries such as Lithuania, Finland, and Norway reported turnovers under a billion Euros.
The year-on-year variation for 2023 showed disparities: Germany and the Netherlands experienced declines of 4.94% and 2.11%, respectively, while France and Belgium saw increases of 2.67% and 5.62%. Italy remained steady with a minimal increase of 0.16%, whereas Portugal and Bulgaria stood out with the highest positive changes of 3.7% and 6.66%, respectively. On the downside, Hungary observed a substantial decline of 37.38%, and Slovakia saw a 26.31% decrease.
Looking forward, a few trends to watch include the potential stabilization in major markets like Germany and the Netherlands, growth opportunities in France and Belgium, and recovery in declining markets like Hungary and Slovakia. Sustainability initiatives and regulatory changes will also likely influence the European Plastics Turnover landscape.
Top countries in Plastics Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20,950 | 2023 | +0.76% | -4.94% | View data |
| 2 | 2 Netherlands | 12,770 | 2023 | +5.56% | -2.11% | View data |
| 3 | 3 Italy | 9,120 | 2023 | +1.5% | +0.16% | View data |
| 4 | 4 Spain | 9,040 | 2023 | +2.26% | -0.28% | View data |
| 5 | 5 France | 8,830 | 2023 | +4% | +2.67% | View data |
| 6 | 6 Austria | 8,400 | 2023 | +7.12% | +0.82% | View data |
| 7 | 7 United Kingdom | 6,000 | 2023 | +0.75% | -0.57% | View data |
| 8 | 8 Belgium | 5,830 | 2023 | +3.97% | +5.62% | View data |
| 9 | 9 Poland | 3,260 | 2023 | +2.35% | +2.01% | View data |
| 10 | 10 Sweden | 2,910 | 2023 | +7.95% | +2.1% | View data |
