The European export of radio receivers for motor vehicles with sound recording revealed significant variability across countries in 2023. Portugal led with the highest export volume, despite a decline, whereas Hungary and United Kingdom saw significant growth of over 19% and 24%, respectively. Germany, although a key player in automotive exports, showed a decrease. Croatia emerged with remarkable year-on-year growth of nearly 95%, while France experienced the largest drop of 33.5%. Looking ahead, exporters should monitor shifts in demand driven by advancements in automotive technology, regulatory changes, and the transition towards electric vehicles that may reshape the European market landscape.
Top countries in Export of Radio Receivers for Motor Vehicles with Sound Recording by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 5,904,700 | 2023 | -12.59% | -5.58% | View data |
| 2 | 2 Hungary | 4,043,900 | 2023 | +5.34% | +19.44% | View data |
| 3 | 3 Czechia | 1,653,400 | 2023 | |||
| 4 | 4 Poland | 1,483,500 | 2023 | +4.27% | +1.98% | View data |
| 5 | 5 Spain | 1,204,300 | 2023 | +10.2% | +4.56% | View data |
| 6 | 6 Belgium | 1,201,200 | 2023 | -7.55% | -6.91% | View data |
| 7 | 7 Germany | 720,240 | 2023 | -11.69% | -2.48% | View data |
| 8 | 8 Denmark | 566,690 | 2023 | -0.013% | -8.87% | View data |
| 9 | 9 United Kingdom | 479,400 | 2023 | +4.23% | +24.25% | View data |
| 10 | 10 Netherlands | 352,810 | 2023 | -3.06% | -5.39% | View data |
