In 2023, Germany dominated the European net operating surplus in rubber and plastics products, and other non-metallic mineral products, with a value of 40.62 million Euros, showcasing a modest year-on-year growth of 1.04%. Italy followed, albeit with a negative growth rate of -2.3%, while Spain showed a significant positive growth of 0.64%. France experienced an impressive growth of 3.1%, outperforming Germany. The Netherlands and Finland also demonstrated healthy growth rates of 1.96% and 1.29%, respectively. In contrast, Greece saw a significant decline of -4.33%, and other countries such as Belgium, Estonia, and Luxembourg maintained static levels.
Looking ahead, the European market for these industrial sectors is expected to face challenges due to economic uncertainties and regulatory changes impacting production costs. However, innovations in sustainable product manufacturing and increasing demand in emerging markets could offer growth opportunities. Countries with substantial investments in green technologies may lead in surplus expansion, pushing for enhanced competitiveness in the global market.
Top countries in Net Operating Surplus in Rubber and Plastics Products, and Other Non-metallic Mineral Products Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.62 | 2023 | +1.59% | +1.04% | View data |
| 2 | 2 Italy | 15.68 | 2023 | +1.66% | -0.023% | View data |
| 3 | 3 Spain | 11.87 | 2023 | +0.7% | +0.64% | View data |
| 4 | 4 France | 11.76 | 2023 | +0.33% | +3.1% | View data |
| 5 | 5 Netherlands | 6.21 | 2023 | +2.19% | +1.96% | View data |
| 6 | 6 Austria | 3.14 | 2023 | -0.11% | +0.38% | View data |
| 7 | 7 Finland | 2.51 | 2023 | +1.42% | +1.29% | View data |
| 8 | 8 Belgium | 2.33 | 2023 | +3.27% | View data | |
| 9 | 9 Greece | 1.61 | 2023 | -4.14% | -4.33% | View data |
| 10 | 10 Lithuania | 1.59 | 2023 | +2.57% | +2.94% | View data |
