In 2023, Poland led the European road freight volume for utility projects in electricity and telecommunications at 35.55 thousand journeys, showing a slight increase of 1.16% from the previous year. France and the Czech Republic experienced declines of 4.44% and 5.59% respectively. Notably, smaller countries like Latvia and Luxembourg saw significant growth rates of 41.14% and 76.23%, respectively. Conversely, Sweden saw a notable decline of 10.59%. Austria and Slovakia experienced moderate growth, while declines in Slovenia, Romania, and Spain indicate varying demand across the continent.
Looking forward, trends suggest continued growth in Eastern European countries such as Poland and Lithuania due to infrastructure investments. Western Europe might observe fluctuations depending on policy changes and technological advancements. Monitoring smaller markets like Latvia and Luxembourg will be crucial as they exhibit potential for substantial growth.
Top countries in Road Freight Volume of Construction of Utility Projects for Electricity and Telecommunications Sector Share by Country (Thousand Units (Journeys))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 35.55 | 2023 | +11.85% | +1.16% | View data |
| 2 | 2 France | 22.59 | 2023 | +28.3% | -4.44% | View data |
| 3 | 3 Czech Republic | 17.72 | 2023 | +396.88% | -5.59% | View data |
| 4 | 4 Austria | 5.2 | 2023 | +4.44% | +10.14% | View data |
| 5 | 5 Slovenia | 4.87 | 2023 | -6.38% | -7.22% | View data |
| 6 | 6 Latvia | 3.1 | 2023 | +3.7% | +41.14% | View data |
| 7 | 7 Luxembourg | 1.88 | 2023 | +325% | +76.23% | View data |
| 8 | 8 Lithuania | 1.88 | 2023 | +6.25% | +3.96% | View data |
| 9 | 9 Slovakia | 1.77 | 2023 | 0% | +12.2% | View data |
| 10 | 10 Romania | 1.44 | 2023 | -43.48% | -4.07% | View data |