In 2023, Germany led with a commanding share of 45.16% in new registrations of trailers with a permissible maximum gross weight of at most 750 kg across Europe. Following were Sweden and France with 14.5% and 11.75%, respectively. Notably, Hungary and Estonia experienced robust growth rates in 2023, at 3.13% and 1.27%, respectively. Conversely, Finland and Lithuania faced reductions in registrations, with Lithuania experiencing a significant decline of 6.85%.
Looking forward, continued growth for smaller markets like Hungary and Estonia is anticipated. Watch for evolving regulatory environments and technological advancements in trailer manufacturing that may influence market dynamics in the coming years. Monitoring economic fluctuations and consumer spending in major markets like Germany could also impact future registration patterns.
Top countries in New Registrations of Trailers with a Permissible Maximum Gross Weight of at Most 750 kg Share by Country (Units (Registrations))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 45.16 | 2023 | +0.66% | +1.15% | View data |
2 | 2 Sweden | 14.5 | 2023 | +2.19% | +2.51% | View data |
3 | 3 France | 11.75 | 2023 | +1.05% | +1.05% | View data |
4 | 4 Finland | 8.37 | 2023 | -0.41% | -0.15% | View data |
5 | 5 Austria | 5.94 | 2023 | +1.22% | +1.38% | View data |
6 | 6 Hungary | 3.98 | 2023 | +3.7% | +3.13% | View data |
7 | 7 Estonia | 2.07 | 2023 | +1.71% | +1.27% | View data |
8 | 8 Latvia | 1.69 | 2023 | +2.1% | +1.32% | View data |
9 | 9 Switzerland | 1.12 | 2023 | 0% | +0.46% | View data |
10 | 10 Lithuania | 0.025 | 2023 | -5.26% | -6.85% | View data |