Germany leads European isocyanate production, although experiencing a slight decline. Spain shows a notable increase, positioning itself as a significant contributor. Hungary exhibits a moderate decrease. France, Netherlands, UK, Sweden, and Poland show minimal or no growth. Italy's production dramatically falls to zero. Lithuania, though negligible in absolute terms, experiences substantial growth rates. In 2023, Germany faced a decrease while Spain saw the greatest positive variation. The Compound Annual Growth Rate over five years indicates varying growth trends.
Future trends to watch include Spain's potential to further enhance its share in production, Germany's efforts to stabilize its output, and Lithuania's development from a minimal base. The stability of countries with zero growth continues to be a significant concern, alongside geopolitical and environmental policy impacts on isocyanate production in Europe.
Top countries in Production of Isocyanates by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 566,010,000 | 2023 | +0.14% | -1.46% | View data |
| 2 | 2 Spain | 314,170,000 | 2023 | +0.051% | +6.03% | View data |
| 3 | 3 Hungary | 264,810,000 | 2023 | +1.08% | -3.22% | View data |
| 4 | 4 France | 12,695,000 | 2023 | -30.59% | View data | |
| 5 | 5 Netherlands | 12,245,000 | 2023 | -15.69% | View data | |
| 6 | 6 Italy | 1,931,600 | 2023 | +120.57% | View data | |
| 7 | 7 United Kingdom | 1,340,700 | 2023 | -23.15% | View data | |
| 8 | 8 Sweden | 41,370 | 2023 | View data | ||
| 9 | 9 Poland | 18,870 | 2023 | View data | ||
| 10 | 10 Lithuania | 96 | 2023 | -78.52% | +149.15% | View data |
