In 2023, Italy dominated the European market for lorries with a permissible maximum gross weight of at least 40,000 kg, holding 80.44% of the market share, despite experiencing a slight year-on-year decline of 0.89%. Poland showed a strong upward trend with a 6.17% increase, securing 16.62% of the share. Finland, Germany, and Sweden had moderate growth, each expanding their shares modestly. Estonia, Spain, Latvia, and Hungary saw minor increases while France and Austria experienced declines. Portugal showed a significant boost with an 8.45% increase, though from a smaller base.
Looking ahead, potential trends may include:
- Continued growth in Poland and Portugal's market share due to economic expansion and infrastructure investments.
- Potential declines in Western European countries as Eastern European nations become more competitive.
- Increased focus on reducing carbon emissions may influence the adoption of alternative fuel lorries.
Top countries in Number of Lorries with a Permissible Maximum Gross Weight of at Least 40000 kg Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 80.44 | 2023 | -1.05% | -0.89% | View data |
| 2 | 2 Poland | 16.62 | 2023 | +5.24% | +6.17% | View data |
| 3 | 3 Finland | 0.36 | 2023 | +2.74% | +2.21% | View data |
| 4 | 4 Germany | 0.3 | 2023 | -2.4% | +1.13% | View data |
| 5 | 5 Sweden | 0.12 | 2023 | +4.5% | +3.21% | View data |
| 6 | 6 Estonia | 0.1 | 2023 | +1.7% | +1.21% | View data |
| 7 | 7 Spain | 0.043 | 2023 | +0.66% | +0.26% | View data |
| 8 | 8 Latvia | 0.033 | 2023 | +1.72% | +0.69% | View data |
| 9 | 9 France | 0.017 | 2023 | -1.67% | -0.99% | View data |
| 10 | 10 Hungary | 0.011 | 2023 | +2.7% | +2.25% | View data |
