The 2023 sold production values display Germany leading with €8.31 billion, followed by Italy and France at €5.24 billion and €2.59 billion, respectively. Notable year-on-year growth includes the Netherlands with a rise of 20.77% and Ireland at 63.54%, reflecting strong momentum. Conversely, France and Portugal saw declines of 4.25% and 5.31%, indicating potential challenges. Latvia exhibited a substantial decrease of 20.05%, requiring close examination.
Future trends to observe include the sustainability practices influencing production, evolving technological advancements like automation impacting efficiency, and potential shifts in supply chains due to economic and geopolitical factors.
Top countries in Sold Production of Rubber Products by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,311,100,000 | 2023 | +4.08% | +0.4% | View data |
| 2 | 2 Italy | 5,242,700,000 | 2023 | +2.29% | +2.28% | View data |
| 3 | 3 France | 2,593,600,000 | 2023 | +3.38% | -4.25% | View data |
| 4 | 4 Poland | 2,073,700,000 | 2023 | +2.81% | +2.24% | View data |
| 5 | 5 Spain | 1,760,000,000 | 2023 | +5.77% | +0.36% | View data |
| 6 | 6 United Kingdom | 1,552,700,000 | 2023 | -0.96% | -0.72% | View data |
| 7 | 7 Czechia | 1,258,900,000 | 2023 | |||
| 8 | 8 Hungary | 1,044,800,000 | 2023 | +3.12% | +2.54% | View data |
| 9 | 9 Sweden | 781,000,000 | 2023 | +5.59% | +12.35% | View data |
| 10 | 10 Romania | 608,160,000 | 2023 | +4.52% | +6.84% | View data |