In 2023, Poland led the European sold production of rubber tyres and tubes, capturing 22.36% market share. Germany followed with 19.45%, despite a 1.34% decline. Notable growth was seen in Spain, surging to 13.85%, marking an impressive 111.99% increase. Romania, Hungary, and Poland also experienced growth, while France, Italy, and the UK faced declines. Smaller market players like Finland showed exceptional growth at 17.93%. The compound annual growth rate over the last five years presents mixed trends across these countries.
Future trends to monitor include potential shifts due to growing environmental regulations, technological advancements in tyre production, and changing market dynamics from emerging economies which might alter production distribution.
Top countries in Sold Production of Rubber Tyres and Tubes Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 22.36 | 2023 | +3.55% | +7.1% | View data |
| 2 | 2 Germany | 19.45 | 2023 | +1.23% | -1.34% | View data |
| 3 | 3 Romania | 14.45 | 2023 | +3.22% | +2.62% | View data |
| 4 | 4 Spain | 13.85 | 2023 | +8.58% | +111.99% | View data |
| 5 | 5 Hungary | 10.19 | 2023 | +3.91% | +3.07% | View data |
| 6 | 6 Czechia | 8.58 | 2023 | |||
| 7 | 7 France | 8.07 | 2023 | -2.18% | -4.07% | View data |
| 8 | 8 Italy | 7.25 | 2023 | +4.77% | -7.67% | View data |
| 9 | 9 Portugal | 6.42 | 2023 | +26% | +0.44% | View data |
| 10 | 10 United Kingdom | 2.32 | 2023 | -7.81% | -10.15% | View data |
