In 2023, Portugal led European exports of radio receivers for motor vehicles with a share of 24.75%, followed closely by Hungary and the Netherlands. While growth was considerable in the Netherlands (48.91% increase) and Hungary (19.41% increase), some countries experienced declines, such as Germany (-2.84%) and France (-8.25%). Smaller markets like Greece and Croatia saw significant spikes in their exports, highlighting dynamic shifts in smaller economies, whereas larger markets like Italy saw a notable reduction in their exports of these items.
Future trends to watch include potential increases in digital and connected car solutions, which may influence demand and export patterns. Furthermore, technological advancements in radio receivers could lead to shifts in market shares among European countries, especially in those investing in automotive technology upgrades.
Top countries in Export of Radio Receivers for Motor Vehicles Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 24.75 | 2023 | +4.44% | +0.092% | View data |
| 2 | 2 Hungary | 20.64 | 2023 | +5.28% | +19.41% | View data |
| 3 | 3 Netherlands | 16.05 | 2023 | +7.27% | +48.91% | View data |
| 4 | 4 United Kingdom | 14.55 | 2023 | +5.18% | +9.09% | View data |
| 5 | 5 Czechia | 9.5 | 2023 | |||
| 6 | 6 Belgium | 7.49 | 2023 | +7.52% | -1.39% | View data |
| 7 | 7 Poland | 6.8 | 2023 | +3% | +1.08% | View data |
| 8 | 8 Spain | 5.98 | 2023 | +7.85% | +5.66% | View data |
| 9 | 9 Germany | 4.8 | 2023 | -6.36% | -2.84% | View data |
| 10 | 10 Slovakia | 1.73 | 2023 | -4.87% | -9.8% | View data |
