As of 2023, Germany leads the European sold production of bodies of trailers, semi-trailers, and other non-mechanically propelled vehicles, followed closely by the Netherlands and France. Notable growth was observed in the United Kingdom and Hungary with over 3% year-on-year increases. Estonia showed the most remarkable growth with an increase of over 19%. Conversely, countries like Croatia and Lithuania experienced declines of over 2%. Overall, the industry displayed mixed results, with several countries experiencing slight contractions while others showed moderate expansions.
Future trends to watch for include potential growth in demand driven by e-commerce and tightening environmental regulations necessitating enhancements in trailer designs. Countries with declining trends may seek innovation to regain competitiveness, while those with positive growth, like Estonia, may capitalize on new market opportunities. Technological advancements in materials and design will be key factors shaping the industry's European landscape.
Top countries in Sold Production of Bodies of Trailers, Semi-Trailers and Other Vehicles Not Mechanically Propelled by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 129,920,000 | 2023 | +3% | -3.39% | View data |
| 2 | 2 Netherlands | 105,190,000 | 2023 | +2.72% | +3.64% | View data |
| 3 | 3 France | 87,766,000 | 2023 | -4.52% | -0.52% | View data |
| 4 | 4 Spain | 83,414,000 | 2023 | +4.59% | +1.91% | View data |
| 5 | 5 Italy | 68,788,000 | 2023 | +10.1% | -0.82% | View data |
| 6 | 6 Sweden | 58,440,000 | 2023 | +10.35% | +0.53% | View data |
| 7 | 7 Lithuania | 42,985,000 | 2023 | +2.79% | -2.77% | View data |
| 8 | 8 United Kingdom | 36,261,000 | 2023 | +1.81% | +3.23% | View data |
| 9 | 9 Hungary | 27,617,000 | 2023 | +4.66% | +3.04% | View data |
| 10 | 10 Austria | 25,576,000 | 2023 | +4.45% | +0.37% | View data |