In 2024, Germany leads the European import market of motor vehicles with petrol engines over 1,500 cm³ at 23.7%, despite a slight decline of 1.44% from the previous year. Belgium, the UK, and Poland follow, with varied growth trends; Belgium grew by 2.2%, the UK saw a 2.6% decrease, and Poland increased by 3.32%. France, despite being a major market, decreased by 5.62%. Noteworthy changes came from Malta, with a 47.7% increase, albeit from a smaller base, and Luxembourg with a notable 7.45% growth. Finland faced a significant decline of 16.53%.
Future trends to monitor include increasing environmental regulations which could affect demand for petrol vehicles. Shifts towards electric and hybrid vehicles may also reshape import shares. Additionally, economic conditions and trade policies within the EU could influence future trends, with potential changes in consumer preferences towards more sustainable options affecting market dynamics.
Top countries in Import of Motor Vehicles with a Petrol Engine More than 1 500 cm³ Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.7 | 2023 | +2.96% | -1.44% | View data |
| 2 | 2 Belgium | 15.7 | 2023 | +12.39% | +2.2% | View data |
| 3 | 3 United Kingdom | 14.12 | 2023 | -3.29% | -2.6% | View data |
| 4 | 4 Poland | 7.5 | 2023 | +3.15% | +3.32% | View data |
| 5 | 5 Spain | 6.52 | 2023 | +7.04% | -0.82% | View data |
| 6 | 6 France | 5.94 | 2023 | +0.11% | -5.62% | View data |
| 7 | 7 Italy | 4.74 | 2023 | +1.49% | +3.7% | View data |
| 8 | 8 Netherlands | 3.68 | 2023 | +2.7% | -3.08% | View data |
| 9 | 9 Sweden | 2.86 | 2023 | +1.61% | -4.37% | View data |
| 10 | 10 Austria | 2.04 | 2023 | +7.19% | -0.12% | View data |