In 2023, Germany dominated the European rubber products market with a 66.42% share, despite a slight year-on-year production decrease of 0.65%. Italy followed with a 19.97% share, experiencing significant growth of 13.86%. Spain and Portugal saw declines in their shares by 6.12% and 11.08%, respectively. Sweden maintained a stable share of 1.64%. Smaller contributors like Romania, Slovenia, Bulgaria, and others showed minor changes, with Macedonia and Croatia experiencing significant declines in production shares.
Future trends to watch include the potential rebound in countries that saw declines and the impact of regulatory changes and technological advancements on production efficiencies. Sustainability and eco-friendly innovations are expected to play a significant role in shaping the market dynamics.
Top countries in Sold Production of Rubber Products Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 66.42 | 2023 | +4.41% | -0.65% | View data |
| 2 | 2 Italy | 19.97 | 2023 | +21.56% | +13.86% | View data |
| 3 | 3 Spain | 5.3 | 2023 | -6.48% | -6.12% | View data |
| 4 | 4 Portugal | 3.36 | 2023 | +0.0076% | -11.08% | View data |
| 5 | 5 Sweden | 1.64 | 2023 | +10.35% | View data | |
| 6 | 6 Czechia | 0.86 | 2023 | |||
| 7 | 7 Romania | 0.58 | 2023 | +0.41% | -2.18% | View data |
| 8 | 8 Slovenia | 0.5 | 2023 | +7.47% | View data | |
| 9 | 9 Bulgaria | 0.39 | 2023 | +4.3% | +1.03% | View data |
| 10 | 10 United Kingdom | 0.35 | 2023 | +0.79% | +0.46% | View data |
