In 2023, Lithuania led the European Turnover Index of Non-Specialised Wholesale, reaching 33.74 (2015=100), showing significant growth since 2022 when it experienced an 18.66% increase. Romania and Sweden also demonstrated robust growth with values of 21.18 and 19.92, respectively, supported by double-digit gains in 2022. Spain, Belgium, and Latvia followed closely, with moderate yet consistent improvements. While Italy and Germany showed growth, they lagged behind their counterparts with relatively smaller metrics. Overall, countries such as Sweden and Belgium displayed strong year-on-year improvements, indicating positive momentum, while the slower growing markets like Italy and Bulgaria reflected more modest gains.
Future trends to watch include the impact of economic policies across Europe and potential disruptions in global trade that could influence these indices. Additionally, the digital transformation within the wholesale industry and sustainability initiatives may drive further changes, affecting market dynamics and growth rates across different European nations.
Top countries in Turnover Index of Non-Specialised Wholesale by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 337.4 | 2022 | +21.06% | +18.66% | View data |
| 2 | 2 Romania | 211.8 | 2022 | +14.8% | +10.75% | View data |
| 3 | 3 Sweden | 199.2 | 2022 | +14.55% | +11.13% | View data |
| 4 | 4 Spain | 189.5 | 2022 | +19.94% | +11.33% | View data |
| 5 | 5 Belgium | 187.7 | 2022 | +25.3% | +14.18% | View data |
| 6 | 6 Latvia | 171.3 | 2022 | +11.81% | +12.28% | View data |
| 7 | 7 Bulgaria | 161.6 | 2022 | -4.15% | +2.11% | View data |
| 8 | 8 Croatia | 158.1 | 2022 | +19.32% | +7.25% | View data |
| 9 | 9 France | 153.7 | 2022 | +12.19% | +7.92% | View data |
| 10 | 10 Czech Republic | 151 | 2022 | +20.61% | +11.14% | View data |
