In 2023, Germany leads the European retail trade value added sector with 24.76 million euros, followed by France and Italy at 20.95 and 19.91 million euros, respectively. Spain and the Netherlands contribute 13.25 and 6.43 million euros. Countries like Slovakia and Estonia exhibit significant growth rates of 2.76% and 2.56%, whereas Greece shows a decline of 1.33%. The CAGR highlights a steady average increase over the last five years.
Future trends to watch include:
- Further digitalization in retail across Europe, potentially boosting value for leading markets.
- Emergence of smaller markets like Slovakia and Estonia due to rapid growth rates.
- Economic challenges in Greece may continue to affect its sector value.
- Potential impact of inflation and supply chain issues on retail trade values.
Top countries in Value Added of Retail Trade (Except of Motor Vehicles and Motorcycles) Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.76 | 2023 | +1.51% | +1.28% | View data |
| 2 | 2 France | 20.95 | 2023 | +1.29% | +1.73% | View data |
| 3 | 3 Italy | 19.91 | 2023 | +1.18% | +1.49% | View data |
| 4 | 4 Spain | 13.25 | 2023 | +1.21% | +1.28% | View data |
| 5 | 5 Netherlands | 6.43 | 2023 | +1.63% | +1.54% | View data |
| 6 | 6 Belgium | 3.89 | 2023 | +1.24% | +1.46% | View data |
| 7 | 7 Austria | 3.42 | 2023 | +1.26% | +1.37% | View data |
| 8 | 8 Ireland | 2.23 | 2023 | +1.67% | +1.91% | View data |
| 9 | 9 Finland | 1.61 | 2023 | +1.21% | +1.32% | View data |
| 10 | 10 Greece | 1.53 | 2023 | -1.33% | -1.33% | View data |
