In 2023, the European production of road and pipeline transport reveals distinct national variances. Germany, the top contributor, marked a production value of €124.84 billion. France and Italy closely followed with €105.13 billion and €102.18 billion respectively. Further down, Spain stood at €57.66 billion, and the Netherlands at €33.72 billion. On the lower end of the spectrum, smaller economies like Estonia (€2.01 billion) and Luxembourg (€2.42 billion) contributed more modest figures.
Analyzing the year-on-year changes for 2023, Germany's production increased by 2.51%, while France's and Italy's increased by 2.12% and 1.25% respectively. Spain showed a moderate rise of 1.12%, while the Netherlands saw a 1.66% increase. Belgium, Austria, and Finland experienced growths of 2.06%, 1.41%, and 1.39% respectively. Contrarily, Greece and Ireland saw declines of 0.44% and 0.39%. Smaller but notable growths were evident in Slovenia (2.65%), Luxembourg (1.71%), and Estonia (2.04%).
For the future, the European production of road and pipeline transport is expected to continue evolving with technological advancements, a potential shift towards sustainability, and growing regional collaborations. Factors like infrastructure investment, regulatory policies, and economic conditions will significantly influence these trends. Monitoring these elements will be crucial in understanding the trajectory of this sector in Europe.
Top countries in Production of Road Transport and Pipeline Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 124,840 | 2023 | +1.94% | +2.51% | View data |
| 2 | 2 France | 105,130 | 2023 | +1.67% | +2.12% | View data |
| 3 | 3 Italy | 102,180 | 2023 | +1.17% | +1.25% | View data |
| 4 | 4 Spain | 57,660 | 2023 | +1.21% | +1.12% | View data |
| 5 | 5 Netherlands | 33,720 | 2023 | +1.77% | +1.66% | View data |
| 6 | 6 Belgium | 24,370 | 2023 | +1.99% | +2.06% | View data |
| 7 | 7 Austria | 19,650 | 2023 | +1.57% | +1.41% | View data |
| 8 | 8 Finland | 11,530 | 2023 | +1.48% | +1.39% | View data |
| 9 | 9 Greece | 5,710 | 2023 | -0.44% | -0.44% | View data |
| 10 | 10 Slovenia | 4,180 | 2023 | +2.61% | +2.65% | View data |
