In 2023, Italy led the European number of high growth enterprises in land transport and transport via pipelines with a significant share of 33.56%. Hungary followed with 17.91%, experiencing the highest year-on-year growth of 13.51%. Lithuania and Romania also showed positive trends, whereas Latvia saw a decline of 12.8%. Over the past five years, growth has been steady, with a slow pace in countries like the Czech Republic and Slovakia.
Future trends to watch include:
- Potential growth in Eastern European countries as infrastructure improves.
- The impact of green transport initiatives across Europe.
- Technological advancements boosting efficiency and expansion in this sector.
Top countries in Number of High Growth Enterprises in Land Transport and Transport via Pipelines Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 33.56 | 2023 | +15.62% | +7.69% | View data |
| 2 | 2 Hungary | 17.91 | 2023 | +15.67% | +13.51% | View data |
| 3 | 3 Lithuania | 12.76 | 2023 | +11.8% | +3.77% | View data |
| 4 | 4 Romania | 9.26 | 2023 | +15.31% | +5.43% | View data |
| 5 | 5 Portugal | 8.66 | 2023 | +13.32% | +7.14% | View data |
| 6 | 6 Czech Republic | 8.13 | 2023 | +6.28% | +0.87% | View data |
| 7 | 7 Slovakia | 3.15 | 2023 | +6.49% | +1.27% | View data |
| 8 | 8 Norway | 1.58 | 2023 | +12.33% | +1.53% | View data |
| 9 | 9 Latvia | 1.19 | 2023 | -13.89% | -12.8% | View data |
| 10 | 10 Iceland | 0.15 | 2023 | +14.29% | +9.86% | View data |
