In 2023, the Netherlands led European land transport and pipeline output with €34.62 billion, marking a 2.2% year-on-year increase. Belgium followed with €23.83 billion, a 1.61% rise. Lithuania's output was €9.11 billion, seeing the highest growth at 5.31%. Greece's €5.73 billion value reflected a -1.15% decline. Luxembourg and Cyprus had smaller volumes at €2.45 billion and €0.44 billion, respectively, with growth rates of 0.9% and 3.04%. Over five years, the compound annual growth rate suggests moderate growth, driven by increased demand and regional economic developments.
Future trends indicate continued investment in sustainable transport infrastructure, digitalization of transport networks, and shifts towards greener policies, impacting the competitive landscape across European countries.
Top countries in Output of Land Transport and Transport Via Pipelines by Country
| # | 6 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 34,620 | 2023 | +1.44% | +2.2% | View data |
| 2 | 2 Belgium | 23,830 | 2023 | +2.3% | +1.61% | View data |
| 3 | 3 Lithuania | 9,110 | 2023 | +5% | +5.31% | View data |
| 4 | 4 Greece | 5,730 | 2023 | -1.15% | -1.15% | View data |
| 5 | 5 Luxembourg | 2,450 | 2023 | +1.27% | +0.9% | View data |
| 6 | 6 Cyprus | 438.76 | 2023 | +7.94% | +3.04% | View data |