In 2023, France led the European production of diesel goods vehicles with a 28.46% share, followed by Italy and Spain at 24.15% and 20.35%, respectively. Germany held a 19.86% share, with the United Kingdom far behind at 4.05%. Notably, Portugal saw significant growth with a 25.05% increase, albeit from a lower base, and Spain, gaining 3.99%, showed robust performance. Germany, Denmark, and Finland also experienced positive increments, whereas France experienced a decline of 1.36%. Over the last five years, the overall market has shown moderate fluctuations with more robust growth in countries with smaller shares.
Looking ahead, the European market for diesel goods vehicles may contend with regulatory pressures favoring low-emission alternatives. Emerging economies in the region may provide growth opportunities, while fluctuations in fuel prices and supply chain adjustments continue to shape future trends. The adoption of hybrid diesel technologies could also alter market dynamics, potentially offering competitive advantages to early adopters.
Top countries in Sold Production of Goods Vehicles, with Compression-Ignition Internal Combustion Piston Engine (Diesel or Semi-Diesel) Share by Country (Units (Items))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 28.46 | 2023 | +3.56% | -1.36% | View data |
| 2 | 2 Italy | 24.15 | 2023 | +4.49% | -0.071% | View data |
| 3 | 3 Spain | 20.35 | 2023 | +4.95% | +3.99% | View data |
| 4 | 4 Germany | 19.86 | 2023 | +7.57% | +2.64% | View data |
| 5 | 5 United Kingdom | 4.05 | 2023 | +2.07% | +0.76% | View data |
| 6 | 6 Portugal | 0.99 | 2023 | -1.6% | +25.05% | View data |
| 7 | 7 Finland | 0.066 | 2023 | +6.09% | +2.26% | View data |
| 8 | 8 Denmark | 0.005 | 2023 | +9.21% | +1.78% | View data |
| 9 | 9 Hungary | 0 | 2023 | -22.22% | View data |