Based on the data for 2024, Germany remains the leader in European chemicals manufacturing output with a significant share of €50.7 million. The Netherlands follows with €18.22 million, Spain at €12.33 million, and Belgium at €10.62 million. Austria, Portugal, Greece, Slovenia, Croatia, and Cyprus showcase much smaller contributions. In 2023, Germany exhibited a slight growth of 0.85%, while the Netherlands and Spain declined by 4.7% and 2.64%, respectively. Belgium decreased by 1.37%. Austria and Greece showed positive trends with 0.035% and 1.64% increases, respectively. Croatia experienced the largest drop at 4.88%, whereas Cyprus increased by 1.4%.
Future trends to watch include potential shifts driven by sustainable practices and technological advancements. Germany's dominant position is likely to be maintained, but increased competition from countries investing in green chemicals could reshape the landscape. Additionally, economic policies and regulatory changes within the EU could significantly impact production shares across nations.
Top countries in Output of Chemicals Manufacturing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.7 | 2023 | +0.82% | +0.85% | View data |
| 2 | 2 Netherlands | 18.22 | 2023 | +1.17% | -0.047% | View data |
| 3 | 3 Spain | 12.33 | 2023 | -2.88% | -2.64% | View data |
| 4 | 4 Belgium | 10.62 | 2023 | -0.29% | -1.37% | View data |
| 5 | 5 Austria | 4.93 | 2023 | +2.82% | +0.035% | View data |
| 6 | 6 Portugal | 1.66 | 2023 | +2.86% | -0.1% | View data |
| 7 | 7 Greece | 0.85 | 2023 | +0.83% | +1.64% | View data |
| 8 | 8 Slovenia | 0.49 | 2023 | +0.29% | +0.61% | View data |
| 9 | 9 Croatia | 0.18 | 2023 | -5.28% | -4.88% | View data |
| 10 | 10 Cyprus | 0.024 | 2023 | +1.37% | +1.4% | View data |
