Analysis of 2024 European Ready-Mixed Concrete Production Value reveals a significant disparity between countries. France leads the market with a production value of 11.93 billion Euros. Italy and Germany, with 2.61 and 2.15 billion Euros respectively, follow at a distant second. The United Kingdom and Spain maintain moderate production values of 1.72 and 1.34 billion Euros. Smaller markets like Poland, Norway, and the Czech Republic show production values below 1 billion Euros, with countries like Macedonia and Iceland having the smallest market sizes.
When analyzing the year-on-year variations from 2023:
- France increased by 17.46%
- Italy saw a 5.24% growth
- Germany had a decrease of -7.8%
- United Kingdom experienced a 5.35% growth
- Spain showed a slight decline of -0.82%
- Austria increased by 2.12%
- Poland slightly decreased by -0.39%
- Norway saw a decrease of -1.4%
- Czech Republic showed a slight decline of -0.31%
- Denmark grew by 4.89%
- Portugal saw a significant increase of 9.03%
- Romania had a growth of 4.88%
- Belgium decreased by -3.16%
- Hungary experienced a notable increase of 13.16%
- Sweden grew by 4.78%
- Greece slightly declined by -3.5%
- Serbia had a significant growth of 24.45%
- Bulgaria remained almost stable with a negligible increase of 0.01%
- Cyprus increased by 2.57%
- Croatia saw an 8.45% growth
- Slovakia slightly decreased by -2.11%
- Finland experienced a decrease of -7.66%
- Estonia increased by 1.27%
- Lithuania had a slight growth of 1.44%
- Slovenia marginally increased by 0.78%
- Latvia slightly declined by -0.95%
- Bosnia and Herzegovina grew by 4.24%
- Iceland significantly decreased by -11.94%
- Macedonia showed a small decline of -0.26%
Future trends to watch in the European ready-mixed concrete market include increased investments in sustainable construction materials, innovative technologies for concrete production, and fluctuations in construction demand due to economic conditions. The market is expected to show varied growth patterns, with Western Europe likely remaining dominant while Eastern European markets may offer significant potential for expansion.
Top countries in Ready-Mixed Concrete Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 11,930 | 2023 | +20.81% | +17.46% | View data |
| 2 | 2 Italy | 2,610 | 2023 | +3.52% | +5.24% | View data |
| 3 | 3 Germany | 2,150 | 2023 | -14.63% | -7.8% | View data |
| 4 | 4 United Kingdom | 1,720 | 2023 | -6.13% | +5.35% | View data |
| 5 | 5 Spain | 1,340 | 2023 | -1.79% | -0.82% | View data |
| 6 | 6 Austria | 1,290 | 2023 | +0.69% | +2.12% | View data |
| 7 | 7 Poland | 875.1 | 2023 | +1.97% | -0.39% | View data |
| 8 | 8 Norway | 614 | 2023 | +0.26% | -1.4% | View data |
| 9 | 9 Czech Republic | 592.5 | 2023 | -0.22% | -0.31% | View data |
| 10 | 10 Denmark | 535.1 | 2023 | +2.86% | +4.89% | View data |
