The European motor vehicle and motorcycle sector varies significantly across countries, with Germany leading at 29.8 million euros, followed by France at 25.45 million euros, and Italy at 20.31 million euros in 2023. The Netherlands and Belgium also represent notable markets, with values exceeding 5 million euros. Smaller markets include Luxembourg, Slovenia, Latvia, and Estonia, each contributing to less than 1 million euros. Year-on-year progress in 2023 showed positive growth for most countries, with Latvia and Luxembourg experiencing the highest increases, while Greece saw a decline.
Future trends to watch include technological advancements in vehicle production, increased consumer demand for electric and hybrid models, and potential regulatory changes affecting trade and production. These factors could lead to shifts in production volumes and market shares across Europe, with emerging markets possibly gaining traction over traditionally dominant players.
Top countries in Production Volumes of Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.8 | 2023 | +1.34% | +1.53% | View data |
| 2 | 2 France | 25.45 | 2023 | +1.35% | +1.39% | View data |
| 3 | 3 Italy | 20.31 | 2023 | +0.9% | +1.07% | View data |
| 4 | 4 Netherlands | 9.83 | 2023 | +1.65% | +1.67% | View data |
| 5 | 5 Belgium | 5.08 | 2023 | +0.41% | +0.66% | View data |
| 6 | 6 Austria | 3.87 | 2023 | +0.91% | +0.93% | View data |
| 7 | 7 Finland | 1.92 | 2023 | +0.73% | +0.7% | View data |
| 8 | 8 Greece | 1.85 | 2023 | -0.75% | -0.8% | View data |
| 9 | 9 Luxembourg | 0.75 | 2023 | +1.14% | +1.83% | View data |
| 10 | 10 Slovenia | 0.5 | 2023 | +1.47% | +1.29% | View data |
