In 2023, Ireland dominated the European import market for motor vehicles for transporting more than 10 persons, accounting for nearly half of the units with a significant increase of 126.65% year-on-year. Belgium followed with a substantial rise of 46.48%, while notable growth was also seen in Slovakia and Luxembourg. Conversely, Greece and Sweden experienced significant declines. Other large importers like the UK, France, and Italy showed modest increases, illustrating a diverse range of growth rates across Europe.
Looking forward, the market is expected to continue evolving with particular attention on Ireland and Slovakia due to their rapid recent growth. Monitoring economic factors, policy changes regarding transportation, and emission regulations could also impact future import trends, potentially reshaping the market dynamics by influencing demand and importer shares across European countries.
Top countries in Import of Motor Vehicles for the Transport of More than 10 Persons Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 49.36 | 2023 | -0.32% | +126.65% | View data |
| 2 | 2 Belgium | 12.52 | 2023 | +59.11% | +46.48% | View data |
| 3 | 3 United Kingdom | 6.58 | 2023 | -9.76% | +7.82% | View data |
| 4 | 4 Greece | 5.87 | 2023 | +12.57% | -8.31% | View data |
| 5 | 5 Slovakia | 5.7 | 2023 | +6.33% | +75.41% | View data |
| 6 | 6 France | 5.41 | 2023 | +5% | +1.86% | View data |
| 7 | 7 Luxembourg | 3.88 | 2023 | -28.84% | +63.28% | View data |
| 8 | 8 Italy | 3.62 | 2023 | +3.36% | +3.48% | View data |
| 9 | 9 Germany | 3.45 | 2023 | +2.68% | +3.22% | View data |
| 10 | 10 Denmark | 2.28 | 2023 | +25.99% | -4.3% | View data |
