Germany dominates the European road wheel and parts production market, valued at EUR 1.5743 billion in 2023. Italy, Czechia, and Spain follow, with Italy experiencing a 1% decline and Spain a 1.99% increase. Significant growth is seen in Hungary, Austria, Sweden, and Finland, notably in Finland at 6.54%. France and the UK witness notable reductions, especially France at -9.1%. Over five years, Hungary and Croatia are emerging, while Portugal faces a steep decline.
Future trends may feature increased automation and technological advancements, regulatory changes impacting production, and shifts in demand for environmentally friendly components, likely driving industry transformation across Europe.
Top countries in Sold Production of Road Wheels and Parts and Accessories Thereof by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,574,300,000 | 2023 | +7.96% | +0.2% | View data |
| 2 | 2 Italy | 562,510,000 | 2023 | +3.33% | -1% | View data |
| 3 | 3 Czechia | 547,540,000 | 2023 | |||
| 4 | 4 Spain | 436,030,000 | 2023 | +9.83% | +1.99% | View data |
| 5 | 5 Hungary | 308,050,000 | 2023 | +3.13% | +3.3% | View data |
| 6 | 6 Austria | 287,410,000 | 2023 | +8.29% | +2.06% | View data |
| 7 | 7 France | 188,780,000 | 2023 | +7.82% | -9.1% | View data |
| 8 | 8 United Kingdom | 95,182,000 | 2023 | -3.6% | -4.59% | View data |
| 9 | 9 Denmark | 77,070,000 | 2023 | +1.18% | -0.5% | View data |
| 10 | 10 Romania | 66,378,000 | 2023 | +1.21% | -0.62% | View data |
