In 2023, Germany led the European production of polymers of vinyl chloride, in primary forms, with the highest volume, and achieving a growth of 3.2% year-on-year. France showed a slight decline of 0.6%, while Hungary exhibited a notable increase of 1.89%. Conversely, Spain, Italy, and Portugal experienced significant decreases by 19.53%, 10.72%, and 9.47% respectively. Poland also saw a decline at 8.95%, while other smaller producers like Croatia and Greece witnessed growth of 5.21% and 3.8% respectively. Smaller markets such as Denmark recorded a notable 14.58% increase.
Future trends to watch include:
- Continued dominance of Germany in production, possibly leveraging technological advancements and sustainable practices.
- Potential recovery in Southern European countries like Spain and Italy, focusing on innovation to regain market shares.
- Market consolidation and strategic partnerships might emerge as producers strive for more efficiency and eco-friendly production methods.
- Legislative and environmental regulations could significantly influence production dynamics across Europe.
Top countries in Production of Polymers of Vinyl Chloride, in Primary Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,789,900,000 | 2023 | +1.1% | +3.2% | View data |
| 2 | 2 France | 1,279,300,000 | 2023 | -1.32% | -0.6% | View data |
| 3 | 3 Hungary | 328,510,000 | 2023 | +4.32% | +1.89% | View data |
| 4 | 4 Spain | 186,050,000 | 2023 | +5.67% | -19.53% | View data |
| 5 | 5 Italy | 159,170,000 | 2023 | -18.88% | -10.72% | View data |
| 6 | 6 Portugal | 156,480,000 | 2023 | -6.19% | -9.47% | View data |
| 7 | 7 Poland | 96,734,000 | 2023 | -6.56% | -8.95% | View data |
| 8 | 8 Sweden | 71,825,000 | 2023 | +7.74% | View data | |
| 9 | 9 Romania | 35,029,000 | 2023 | +1.15% | View data | |
| 10 | 10 Slovakia | 28,329,000 | 2023 | +24.71% | -11.17% | View data |
