In 2023, Germany led European motor vehicle bodies production with 28.23%, despite a -2.43% decline from the previous year. France held the second spot at 14.34%, with a 1.53% increase. Italy showed the biggest gain among the top five, at 7.1%, maintaining a share of 8.92%. Romania and Estonia exhibited significant year-on-year growth of 37.67% and 8.13%, respectively. The United Kingdom and Sweden experienced modest increases, while countries like Slovakia and Iceland faced declines. Over the last five years, consistent performers are Italy, Poland, and an emerging Romania.
Future trends to watch include shifts due to technological advancements, environmental regulations, and cost optimization strategies, potentially altering production landscapes across Europe. There is potential growth in countries like Romania, fueled by policy incentives and greater investment, while established markets may focus on solidifying sustainability practices.
Top countries in Sold Production of Motor Vehicles Bodies Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.23 | 2023 | +1.4% | -2.43% | View data |
| 2 | 2 France | 14.34 | 2023 | +5.51% | +1.53% | View data |
| 3 | 3 United Kingdom | 10.72 | 2023 | +0.75% | +0.64% | View data |
| 4 | 4 Italy | 8.92 | 2023 | +4.47% | +7.1% | View data |
| 5 | 5 Poland | 7.02 | 2023 | +4% | +4.31% | View data |
| 6 | 6 Sweden | 6.93 | 2023 | +2.75% | +3.11% | View data |
| 7 | 7 Spain | 5.63 | 2023 | +7.45% | +1.84% | View data |
| 8 | 8 Netherlands | 4.51 | 2023 | +2.63% | +0.58% | View data |
| 9 | 9 Finland | 2.12 | 2023 | +5.97% | +1.72% | View data |
| 10 | 10 Belgium | 1.57 | 2023 | +1.98% | -2.17% | View data |