InfoCons Consumers Protection informs you : 13% Drop in Chemical Production in the EU
The European chemical industry, a key sector for manufacturing and industrial processes, experienced a notable contraction in 2023. Both production and consumption of industrial chemicals, including hazardous and non-hazardous types, fell significantly compared to 2022. This trend reflects broader challenges in the sector, signaling potential shifts in industrial demand and environmental priorities.
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Key Figures : Production and Consumption Trends
In 2023, the EU produced a total of 218 million tonnes of industrial chemicals, a 13% decline from the previous year. Meanwhile, consumption also decreased by 14%, totaling 227 million tonnes. These figures highlight a consistent downturn in the industry across both supply and demand.
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Source : InfoCons Consumers Protection
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