In 2023, Lithuania, Poland, and Romania led the European Land Transport and Transport via Pipelines Turnover Index, with turnovers exceeding 20,000 in thousand units, using 2015 as the base year. These nations experienced substantial year-on-year growth in 2022, with Lithuania up 15.17%, Poland 14.12%, and Romania 10.07%. Most other countries showed moderate growth, notably Serbia with 10.14%, while Albania saw a decline of 18.58%. These indicators highlight a mix of robust growth in Central and Eastern European countries and relative stability in Western Europe.
Looking to the future, continued growth in Central and Eastern Europe may persist due to infrastructure investments and economic growth. In Western Europe, digitalization and green energy initiatives could redefine the sector, focusing on sustainable practices and technologies enhancing efficiency. Monitoring regulatory changes and economic conditions will be crucial to understanding market dynamics across Europe.
Top countries in Land Transport and Transport via Pipelines Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 268.9 | 2022 | +24.55% | +15.17% | View data |
| 2 | 2 Poland | 232.8 | 2022 | +27.91% | +14.12% | View data |
| 3 | 3 Romania | 210.8 | 2022 | +16.85% | +10.07% | View data |
| 4 | 4 Bulgaria | 169.6 | 2022 | +25.44% | +8.56% | View data |
| 5 | 5 Hungary | 167.9 | 2022 | +27.49% | +8.53% | View data |
| 6 | 6 Slovenia | 167.3 | 2022 | +17.49% | +7.6% | View data |
| 7 | 7 Serbia | 153.8 | 2022 | +36.95% | +10.14% | View data |
| 8 | 8 Malta | 149.1 | 2022 | +14.52% | +6.64% | View data |
| 9 | 9 Bosnia and Herzegovina | 148.9 | 2022 | +28.36% | +7.13% | View data |
| 10 | 10 Luxembourg | 148.4 | 2022 | +13.02% | +5.14% | View data |