The European Turnover Index of Motor Vehicles Retail showcases varying trends across countries. In 2023, Romania led with robust growth with values reaching 22.73 thousand, followed by Greece and Norway at 18.87 thousand and 14.8 thousand, respectively. Germany and Bulgaria had lower growth trajectories, evident in their figures of 13.75 thousand and 13.04 thousand. Year-on-year trends show notable increases, particularly for Romania and Greece, while Bulgaria and Italy faced declines. The five-year CAGR highlights Romania and Greece as consistent performers, with other countries displaying moderate growth.
Looking forward, the European Turnover Index of Motor Vehicles Retail is expected to be influenced by technological advancements and changing consumer preferences towards electric vehicles. Economic fluctuations and regulatory measures in the automotive sector will also play crucial roles in shaping the market landscape across these countries.
Top countries in Turnover Index of Motor Vehicles Retail by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 227.3 | 2022 | +12.52% | +10.45% | View data |
| 2 | 2 Greece | 188.7 | 2022 | +20.04% | +10.2% | View data |
| 3 | 3 Norway | 148 | 2022 | -2.63% | +7.36% | View data |
| 4 | 4 Netherlands | 147.1 | 2022 | +19.3% | +6.77% | View data |
| 5 | 5 Sweden | 144 | 2022 | +7.87% | +3.89% | View data |
| 6 | 6 Germany | 137.5 | 2022 | +8.95% | +3.89% | View data |
| 7 | 7 Bulgaria | 130.4 | 2022 | -8.68% | -3.05% | View data |
| 8 | 8 France | 130.2 | 2022 | +2.04% | +2.18% | View data |
| 9 | 9 Czech Republic | 125 | 2022 | +5.75% | +2.13% | View data |
| 10 | 10 Italy | 124.5 | 2022 | +3.06% | -0.032% | View data |
