Germany remains the leader in European plastics turnover, despite a decline of 4.94% in 2023, while the Netherlands, with a 2.11% decrease, is still a significant player. France and Belgium showed growth, with increases of 2.67% and 5.62%, respectively, indicating a positive trajectory. Italy, Spain, and Austria experienced marginal variations. Eastern Europe has mostly seen declines, notably Hungary's drastic drop of 37.38%. Bulgaria countered the trend with a 6.66% increase. The long-term outlook suggests varied performance across regions.
Future trends to watch include the impact of sustainability pressures, evolving regulatory landscapes, and technological innovations on production and consumption patterns. Germany's dominance may diminish if current declining trends persist, opening opportunities for others like France and Belgium to strengthen their market positions.
Top countries in Plastics Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.78 | 2023 | +0.76% | -4.94% | View data |
| 2 | 2 Netherlands | 13.88 | 2023 | +5.56% | -2.11% | View data |
| 3 | 3 Italy | 9.92 | 2023 | +1.5% | +0.16% | View data |
| 4 | 4 Spain | 9.83 | 2023 | +2.26% | -0.28% | View data |
| 5 | 5 France | 9.61 | 2023 | +4% | +2.67% | View data |
| 6 | 6 Austria | 9.14 | 2023 | +7.12% | +0.82% | View data |
| 7 | 7 United Kingdom | 6.52 | 2023 | +0.75% | -0.57% | View data |
| 8 | 8 Belgium | 6.34 | 2023 | +3.97% | +5.62% | View data |
| 9 | 9 Poland | 3.54 | 2023 | +2.35% | +2.01% | View data |
| 10 | 10 Sweden | 3.17 | 2023 | +7.95% | +2.1% | View data |