The European Deflated Turnover Index of Motor Vehicle Parts Retail shows notable variation among countries, with Lithuania leading at 19.02. Bulgaria follows with 16.63, experiencing a significant year-on-year increase of 8.53% in 2022. Romania, Germany, and France trail with values of 14.99, 12.07, and 11.91, respectively, with Romania experiencing a 6.08% rise in 2022. The Czech Republic and Norway have lower indices at 10.96 and 10.23, with the Czech Republic noting a slight decline in 2022 by 0.83%. Over the past five years, these countries have seen varying rates of growth, influencing the overall market landscape by country.
Future trends to watch include potential impacts of technological advancements, like electric vehicle adoption, on the turnover index. Additionally, economic factors, sustainability shifts, and evolving consumer preferences toward sustainability in motor vehicle parts could drive significant changes in regional market dynamics.
Top countries in Deflated Turnover Index of Motor Vehicle Parts Retail by Country
| # | 7 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 190.2 | 2022 | View data | ||
| 2 | 2 Bulgaria | 166.3 | 2022 | +7.71% | +8.53% | View data |
| 3 | 3 Romania | 149.9 | 2022 | +5.94% | +6.08% | View data |
| 4 | 4 Germany | 120.7 | 2022 | +0.5% | +1.58% | View data |
| 5 | 5 France | 119.1 | 2022 | +3.39% | +1.33% | View data |
| 6 | 6 Czech Republic | 109.6 | 2022 | -1.26% | -0.83% | View data |
| 7 | 7 Norway | 102.3 | 2022 | -0.78% | +0.43% | View data |
