The European Ready-Mixed Concrete market demonstrates significant diversity in turnover across countries. As of 2023, France leads with a notable turnover of €12.93 billion, reflecting a strong growth rate of 16.99% year-on-year. Italy, Germany, and the United Kingdom follow, with respective turnovers of €2.53 billion, €1.85 billion, and €1.63 billion. Germany experienced a decline of 7.98%, while the UK and Italy grew modestly by 3.65% and 4.52%, respectively. Austria showed a slight increase of 1.87% to €1.36 billion.
Highlights:
• France exhibits the highest growth, marking the dominant position in the market.
• Italy, UK, and Austria showed positive trends, while Germany's turnover declined.
• Southern and Eastern European countries like Portugal, Hungary, and Serbia witnessed significant growth, with Hungary at 12.48% and Serbia at 9.61%.
• Finland, Germany, and Belgium experienced notable declines, indicating potential market challenges.
The forecasted trend in 2024 suggests continued dominance by France, with growth potential observed in Southern and Eastern European territories. Key trends to watch include the impact of economic fluctuations, infrastructural developments, and sustainability initiatives. Enhanced focus on green construction and regulatory changes could shape future market dynamics significantly. Consistent monitoring of regional policies and investments will be essential to navigate and capitalize on emerging opportunities.
Top countries in Ready-Mixed Concrete Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 12,930 | 2023 | +19.94% | +16.99% | View data |
| 2 | 2 Italy | 2,530 | 2023 | +1.96% | +4.52% | View data |
| 3 | 3 Germany | 1,850 | 2023 | -14.32% | -7.98% | View data |
| 4 | 4 United Kingdom | 1,630 | 2023 | -6.85% | +3.65% | View data |
| 5 | 5 Austria | 1,360 | 2023 | +0.45% | +1.87% | View data |
| 6 | 6 Spain | 985.5 | 2023 | +1.51% | +1.62% | View data |
| 7 | 7 Poland | 933.3 | 2023 | +2.16% | -0.3% | View data |
| 8 | 8 Norway | 615 | 2023 | +0.24% | -1.38% | View data |
| 9 | 9 Czech Republic | 596.9 | 2023 | -0.084% | -0.13% | View data |
| 10 | 10 Denmark | 549.5 | 2023 | +2.98% | +4.91% | View data |
