In 2023, Belgium led Europe's production of polymers of propylene or other olefins, accounting for 24.74% of production. France and Italy followed with shares of 16.78% and 14.45%, respectively. Notable declines were observed in the Netherlands (-6.06%) and Germany (-12.7%), while Italy and Slovakia showed growth of 6.36% and 4.35%, respectively.
The previous year exhibited moderate shifts, with some countries experiencing decreases, like Denmark at -30.5%, indicating potential challenges or market changes. The past five years' average annual growth rates showed variable trends across countries.
Future trends suggest that regional production dynamics may be influenced by sustainability initiatives, technological advancements, and shifting economic factors. Observing industry-specific investments and regulatory changes will be crucial for anticipating shifts in production shares.
Top countries in Sold Production of Polymers of Propylene or of Other Olefins in Primary Forms Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 24.74 | 2023 | +0.79% | +0.0073% | View data |
| 2 | 2 France | 16.78 | 2023 | +1.13% | +3.83% | View data |
| 3 | 3 Italy | 14.45 | 2023 | +9.76% | +6.36% | View data |
| 4 | 4 Netherlands | 9.97 | 2023 | -1.47% | -6.06% | View data |
| 5 | 5 Spain | 9.71 | 2023 | -0.19% | -0.95% | View data |
| 6 | 6 Czechia | 4.45 | 2023 | |||
| 7 | 7 United Kingdom | 3.71 | 2023 | -0.71% | -1.08% | View data |
| 8 | 8 Slovakia | 3.59 | 2023 | +5.98% | +4.35% | View data |
| 9 | 9 Germany | 3.49 | 2023 | -15.01% | -12.7% | View data |
| 10 | 10 Hungary | 2.8 | 2023 | -0.73% | -1.38% | View data |
