In 2023, Germany led European retail trade production volumes with €197.6 billion, followed by France and Italy at €166.46 billion and €134.32 billion, respectively. The Netherlands, Belgium, and Austria also contributed significantly. Although positive growth was registered in many regions, Belgium (-0.22%) and Greece (-2.03%) saw declines. Notably, Germany, France, and Slovenia were strong performers with over 1% growth, despite slight contractions in some smaller regions like Luxembourg. The compound annual growth rate (CAGR) over the five years evidences stable upward momentum overall.
Future trends to monitor include the persistence of growth in Germany and France, potential recovery in Greece and Belgium, and the impact of economic policies on retail trade in smaller European countries. Shifts in consumer behavior post-pandemic and technological adaptation will also critically influence retail dynamics across Europe.
Top countries in Production Volumes of Retail Trade (Except of Motor Vehicles and Motorcycles) by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 197,600 | 2023 | +1.13% | +1.41% | View data |
| 2 | 2 France | 166,460 | 2023 | +1.58% | +1.43% | View data |
| 3 | 3 Italy | 134,320 | 2023 | +0.59% | +0.85% | View data |
| 4 | 4 Netherlands | 42,970 | 2023 | +1.08% | +1.04% | View data |
| 5 | 5 Belgium | 26,690 | 2023 | -0.039% | -0.22% | View data |
| 6 | 6 Austria | 23,900 | 2023 | +0.68% | +0.78% | View data |
| 7 | 7 Finland | 13,400 | 2023 | +1.03% | +1.03% | View data |
| 8 | 8 Greece | 10,650 | 2023 | -2.07% | -2.03% | View data |
| 9 | 9 Luxembourg | 3,880 | 2023 | -2.15% | -0.71% | View data |
| 10 | 10 Slovenia | 3,450 | 2023 | +1.16% | +1.11% | View data |
