In the 2023 landscape, Poland led European sold production of rubber conveyor belts with 30.86% share, followed by Germany at 24.3%. Netherlands saw notable growth in 2023 with a significant 11.97% increase, contrasting with declines in Hungary (-5.49%) and France (-11.81%). Italy and Serbia showed modest increases of 1.17% and 3.76% respectively. The UK faced a slight decline of 0.41%. Over the last five years, the compound annual growth rate reflects these trends with variance, showing how markets shifted within Europe.
Future trends to watch include:
- Potential recovery or further decline in historically strong markets like Germany and France.
- Continued growth in sectors where Netherlands and Serbia play significant roles.
- Impact of sustainability and technological advances on production efficiency.
- Effect of economic and regulatory changes within the EU on production decisions.
Top countries in Sold Production of Rubber Conveyor Belts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 30.86 | 2023 | +0.96% | -0.95% | View data |
| 2 | 2 Germany | 24.3 | 2023 | +1.7% | -2.14% | View data |
| 3 | 3 Netherlands | 12.32 | 2023 | -2.95% | +11.97% | View data |
| 4 | 4 Italy | 8.61 | 2023 | +9.2% | +1.17% | View data |
| 5 | 5 Hungary | 7.18 | 2023 | -3.26% | -5.49% | View data |
| 6 | 6 Romania | 6.62 | 2023 | -0.75% | +0.22% | View data |
| 7 | 7 Serbia | 5.63 | 2023 | +5.17% | +3.76% | View data |
| 8 | 8 Spain | 3.75 | 2023 | +5.72% | -0.31% | View data |
| 9 | 9 United Kingdom | 2.82 | 2023 | +1.55% | -0.41% | View data |
| 10 | 10 Finland | 1.02 | 2023 | +23.84% | -2.48% | View data |
