In 2024, Poland leads the European countries with 1.7463 million lorries under 3500 kg and up to 2 years old, showcasing robust growth. France and Russia follow, albeit with lower figures, reflecting their respective market demands. Notably, Ireland and Portugal have the highest year-on-year growth rates at 3.27% and 3.45%, respectively, indicating burgeoning market expansion.
Future trends to watch:
- Poland's continued dominance with potential for further expansion given current trajectories.
- Ireland and Portugal's rapid growth rates may attract market investments.
- Monitor potential market saturation in France and Switzerland due to observed declines.
Top countries in Number of Lorries up to 3500 kg at Most 2 Years Old by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,746,300 | 2023 | +6.47% | +1.13% | View data |
| 2 | 2 France | 623,940 | 2023 | -0.64% | -1.18% | View data |
| 3 | 3 Russia | 462,490 | 2023 | +0.92% | -0.19% | View data |
| 4 | 4 Spain | 397,590 | 2023 | +2.92% | +2.58% | View data |
| 5 | 5 Netherlands | 238,310 | 2023 | +2% | +1.42% | View data |
| 6 | 6 Sweden | 152,930 | 2023 | +1.52% | +1.16% | View data |
| 7 | 7 Austria | 119,930 | 2023 | +1.38% | +0.81% | View data |
| 8 | 8 Denmark | 116,350 | 2023 | +2.12% | +2.23% | View data |
| 9 | 9 Ireland | 111,180 | 2023 | +3.32% | +3.27% | View data |
| 10 | 10 Portugal | 86,400 | 2023 | +3.45% | +3.45% | View data |
