The 2023 data reveals Germany leads with a Net Operating Surplus of 5.66 billion Euros in the Rubber and Plastics sector, followed by Italy at 3.17 billion Euros and Spain at 1.78 billion Euros. Slovenia showed the highest year-on-year growth at 4.06%, while Ireland experienced a significant decline at -11.22%. Over the past five years, the sector in these countries has shown modest growth, highlighting a generally stable market.
Future trends to watch include:
- The evolution of environmental regulations impacting production costs and product innovation.
- Potential shifts in demand due to advancements in biodegradable and sustainable plastic products.
- Further digitalization of manufacturing processes improving efficiency and operational margins.
Top countries in Net Operating Surplus in Rubber and Plastics Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,660 | 2023 | +0.98% | +0.33% | View data |
| 2 | 2 Italy | 3,170 | 2023 | +3.1% | +0.95% | View data |
| 3 | 3 Spain | 1,780 | 2023 | +1.31% | +2% | View data |
| 4 | 4 Netherlands | 959 | 2023 | +1.7% | +1.94% | View data |
| 5 | 5 Austria | 484.11 | 2023 | +0.57% | +1.75% | View data |
| 6 | 6 Finland | 291 | 2023 | +1.04% | +1.51% | View data |
| 7 | 7 Belgium | 271.1 | 2023 | +1.92% | View data | |
| 8 | 8 Greece | 267.78 | 2023 | +3.42% | View data | |
| 9 | 9 Slovenia | 167.2 | 2023 | +3.27% | +4.06% | View data |
| 10 | 10 Ireland | 49.99 | 2023 | -6.71% | -11.22% | View data |
