In 2023, Czechia led the European production of moulded rubber articles for tractors and motor vehicles, with significant outputs also noted in Italy and Spain. Portugal showed a significant increase of 37.71% from the previous year, while Germany and several others experienced a decline. Consistent growth was evident in Romania, reflecting a positive trajectory. The compound annual growth rate (CAGR) over the past five years shows diverse trends, with countries like Germany and Lithuania seeing contractions, whereas Italy and Spain have sustained moderate growth.
Future trends to watch include the technological advancements in rubber manufacturing and the impact of environmental regulations. The shift towards electric vehicles may drive changes in demand and production processes. Countries like Romania and Portugal may continue to gain prominence if they maintain growth momentum and adapt to new industry standards and innovations. In contrast, traditional leaders like Germany must address declines and evolving market dynamics to remain competitive.
Top countries in Sold Production of Moulded Rubber Articles for Tractors and Motor Vehicles by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czechia | 48,661,000 | 2023 | |||
| 2 | 2 Italy | 43,305,000 | 2023 | -0.4% | +1.77% | View data |
| 3 | 3 Spain | 39,080,000 | 2023 | +14.77% | +3.64% | View data |
| 4 | 4 Portugal | 35,763,000 | 2023 | +1.78% | +37.71% | View data |
| 5 | 5 Germany | 31,841,000 | 2023 | +3.88% | -5.15% | View data |
| 6 | 6 Poland | 24,296,000 | 2023 | +1.25% | -1.14% | View data |
| 7 | 7 Romania | 14,551,000 | 2023 | +5.02% | +5.1% | View data |
| 8 | 8 Austria | 7,818,600 | 2023 | +3.28% | -0.033% | View data |
| 9 | 9 United Kingdom | 6,562,900 | 2023 | +0.21% | -3.72% | View data |
| 10 | 10 France | 6,333,200 | 2023 | +1.9% | -3.59% | View data |
