In 2023, Germany led Europe in synthetic latex rubber production, generating 701.77 million euros. Italy and Finland followed with 190.06 and 141.8 million euros, respectively. France, Spain, Denmark, Hungary, and Lithuania contributed smaller amounts, with Denmark and Lithuania showing notable increases of 15.3% and 8.3%, respectively, while Finland and France experienced declines of 2.89% and 8.36%. Hungary's production remained stable.
Future trends to watch:
- Potential for increased production in smaller markets like Denmark and Lithuania.
- Germany's continued leadership and possible expansion.
- Market volatility impacting production in countries with declining trends such as France.
Top countries in Sold Production of Synthetic Latex Rubber by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 701,770,000 | 2023 | +5.36% | +1.45% | View data |
| 2 | 2 Italy | 190,060,000 | 2023 | +4.12% | +4.11% | View data |
| 3 | 3 Finland | 141,800,000 | 2023 | +4.65% | -2.89% | View data |
| 4 | 4 France | 41,570,000 | 2023 | -4.36% | -8.36% | View data |
| 5 | 5 Spain | 22,651,000 | 2021 | +14.11% | +2.31% | View data |
| 6 | 6 Denmark | 138,370 | 2023 | +13.01% | +15.3% | View data |
| 7 | 7 Hungary | 66,000 | 2023 | -0.69% | View data | |
| 8 | 8 Lithuania | 59,890 | 2023 | +6.68% | +8.3% | View data |
