The European road freight sector for renting and leasing trucks in 2023 showed notable variations by country. France dominated with a substantial 13.27 billion tonne kilometers, experiencing an 8.41% growth. Poland, with significant growth of 16.13%, registered 2.26 billion tonne kilometers. Portugal’s sector expanded remarkably by 80.2%, though its absolute volume was relatively small. Other countries like Austria and Romania saw slight declines, while Latvia surged by 29.2%. Conversely, smaller markets like Luxembourg displayed steep contractions. Over a five-year horizon, trends indicate steady growth, particularly in top-performing regions.
Future trends to watch include technological advancements such as digitalization and electrification, which could reshape the sector. New regulations and sustainability efforts are expected to impact regional volumes differently. Monitoring how regions adapt to green initiatives will be crucial for understanding shifts in market dynamics.
Top countries in Road Freight Volume of Renting and Leasing of Trucks Sector by Country
| # | 10 Countries | Million Tonne Kilometers | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 13,270 | 2023 | +118% | +8.41% | View data |
| 2 | 2 Poland | 2,260 | 2023 | +6.79% | +16.13% | View data |
| 3 | 3 Austria | 456 | 2023 | +5.07% | -0.48% | View data |
| 4 | 4 Czech Republic | 207 | 2023 | +1.08% | -8.4% | View data |
| 5 | 5 Slovakia | 207 | 2023 | +22.49% | +0.19% | View data |
| 6 | 6 Portugal | 114 | 2023 | +256.25% | +80.2% | View data |
| 7 | 7 Romania | 95 | 2023 | +578.57% | -3.07% | View data |
| 8 | 8 Lithuania | 52 | 2023 | -10.34% | +7.04% | View data |
| 9 | 9 Sweden | 47 | 2023 | +14.63% | +6.07% | View data |
| 10 | 10 Latvia | 18 | 2023 | 0% | +29.2% | View data |
