In 2023, Italy led the European export market for brakes and servo-brakes and their parts by volume, closely followed by Germany and Poland. Notable changes included Poland's 3.83% growth, while France and Portugal saw declines of 4.68% and 21.39%, respectively. Despite zero growth in Germany, countries like Latvia, Croatia, and Estonia experienced positive growth, with Latvia at 4.18% and Estonia at 11.39%. Spain's export volume sharply declined by 100%, highlighting a significant market shift.
Future trends to watch include:
- The impact of Germany's stagnant growth on the broader European market.
- Poland's increasing share which may continue shaping the regional dynamic.
- The role of technology and sustainability in reshaping the industry's supply chain and production efficiencies.
Top countries in Export of Brakes and Servo-Brakes and Their Parts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21.88 | 2023 | -0.084% | -3.24% | View data |
| 2 | 2 Germany | 21.22 | 2023 | +9.76% | View data | |
| 3 | 3 Poland | 18.24 | 2023 | +3.78% | +3.83% | View data |
| 4 | 4 Czechia | 11.43 | 2023 | |||
| 5 | 5 France | 7.96 | 2023 | -28.15% | -4.68% | View data |
| 6 | 6 Slovakia | 4.35 | 2023 | +2.54% | +1.71% | View data |
| 7 | 7 Hungary | 3.18 | 2023 | +3.18% | +2.18% | View data |
| 8 | 8 Belgium | 2.87 | 2023 | +3.49% | -0.12% | View data |
| 9 | 9 Netherlands | 2.38 | 2023 | +4.6% | +1.25% | View data |
| 10 | 10 Romania | 2.16 | 2023 | +3.18% | +2.18% | View data |