As of 2024, Lithuania leads the European Plastics Products Production Index with a substantial increase to 16.72, followed by Greece at 13.03, showcasing significant growth in the past year. Spain, France, Germany, and Italy show comparatively modest values ranging between 9.72 and 11.36, indicating weaker production performance. From 2022 to 2023, Lithuania and Greece experienced strong positive year-on-year growth of 8.64% and 4.06%, respectively, while France experienced a decline of -0.79%, with Germany and Italy following negative trends at -1.07% and -1.83%, respectively.
Future trends in the European Plastics Products Production Index should focus on sustainability initiatives and innovations, especially in leading countries like Lithuania and Greece, which could drive further growth. Close monitoring of environmental legislation, consumer preferences shifting towards eco-friendly products, and technological advancements in production processes will be critical in navigating the production landscape. Strategic investments in recycling and renewable resources will be pivotal in maintaining competitiveness and addressing environmental concerns.
Top countries in Plastics Products Production Index by Country
| # | 6 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 167.2 | 2022 | +7.52% | +8.64% | View data |
| 2 | 2 Greece | 130.3 | 2022 | +2.44% | +4.06% | View data |
| 3 | 3 Spain | 113.6 | 2022 | +1.79% | +0.59% | View data |
| 4 | 4 France | 104.1 | 2022 | -0.95% | -0.79% | View data |
| 5 | 5 Germany | 101.3 | 2022 | -2.6% | -1.07% | View data |
| 6 | 6 Italy | 97.2 | 2022 | -7.69% | -1.83% | View data |
