In 2023, Belgium is the leader in European intermediate consumption of products, attributed to a substantial spending of 297.2 million euros. However, Belgium experienced a decline of 8.1% year-on-year. Conversely, Portugal showed robust growth, with a 2.34% increase, marking it as a significant player alongside Slovenia, Latvia, and Lithuania. Slovenia witnessed a slight decrease of 1.53%, whereas Latvia and Lithuania posted promising growth rates of 2.9% and 3.13% respectively.
Looking ahead, continuous economic developments and technological advancements could reshape the landscape. It's essential to monitor potential shifts in regulatory policies, technological innovations, and market dynamics influencing consumption patterns across these countries.
Top countries in Intermediate Consumption of Products Other Than Environmental Protection Services in Wastewater Management in Manufacturing by the Business Sector by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 297.2 | 2023 | +0.17% | -0.081% | View data |
| 2 | 2 Portugal | 38.5 | 2023 | +2.94% | +2.34% | View data |
| 3 | 3 Slovenia | 7.5 | 2023 | -1.32% | -1.53% | View data |
| 4 | 4 Latvia | 1.5 | 2023 | +7.14% | +2.9% | View data |
| 5 | 5 Lithuania | 0.7 | 2023 | -12.5% | +3.13% | View data |
