European Sold Production of Rubber Tyres and Tubes presents a diverse landscape in 2023. Poland leads the industry with significant production, showing a 7.1% year-on-year increase, followed by Germany, despite a slight decline of 1.34%. Notably, Spain exhibited a dramatic growth of 111.99%. Meanwhile, countries like France, Italy, and the UK faced declines ranging between -4.07% and -10.15%. The overall market shows variability, with countries like Finland and Lithuania experiencing growth, whereas others like Estonia, Slovakia, and Greece saw significant contractions.
Key future trends to monitor include:
- Poland's continued dominance and potential leadership in the market.
- Germany’s ability to stabilize or reverse the slight downturn.
- Spain’s sustainability of its recent surge in production.
- The impact of technological advancements and environmental regulations on production volumes across the region.
- The market's response to economic pressures and global supply chain dynamics.
Top countries in Sold Production of Rubber Tyres and Tubes by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 65,434,000 | 2023 | +3.55% | +7.1% | View data |
| 2 | 2 Germany | 56,940,000 | 2023 | +1.23% | -1.34% | View data |
| 3 | 3 Romania | 42,287,000 | 2023 | +3.22% | +2.62% | View data |
| 4 | 4 Spain | 40,548,000 | 2023 | +8.58% | +111.99% | View data |
| 5 | 5 Hungary | 29,839,000 | 2023 | +3.91% | +3.07% | View data |
| 6 | 6 Czechia | 25,108,000 | 2023 | |||
| 7 | 7 France | 23,620,000 | 2023 | -2.18% | -4.07% | View data |
| 8 | 8 Italy | 21,221,000 | 2023 | +4.77% | -7.67% | View data |
| 9 | 9 Portugal | 18,805,000 | 2023 | +26% | +0.44% | View data |
| 10 | 10 United Kingdom | 6,793,900 | 2023 | -7.81% | -10.15% | View data |
