In 2023, Russia led European new trailer registrations with an impressive 425.57 thousand units, followed by Germany at 330.6 thousand. Both countries demonstrated moderate growth trends, with Russia seeing a 1.87% increase and Germany a 1.49% rise. Notable growth was observed in France, which experienced a strong rise of 5.49% in registrations. On the other hand, Finland and Lithuania faced declines, with Finland down by 1.36% and Lithuania dropping by 6.01%. Looking at smaller markets, Italy and Croatia showed significant increases of 3.92% and 3.26%, respectively.
Future trends in European trailer registrations may include:
- Potential stabilization or decrease in large markets post-COVID adjustment.
- Rising demand in Eastern Europe, as countries such as Hungary and Slovakia continue consistent growth.
- Close monitoring of economic indicators, such as inflation and interest rates, which could affect transportation investments.
Top countries in New Registrations of Trailers by Country
# | 10 Countries | Units (Registrations) | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Russia | 425,570 | 2023 | +4.62% | +1.87% | View data |
2 | 2 Germany | 330,600 | 2023 | +1.37% | +1.49% | View data |
3 | 3 France | 93,460 | 2023 | +4.45% | +5.49% | View data |
4 | 4 Sweden | 51,440 | 2023 | +1.8% | +2.06% | View data |
5 | 5 Denmark | 42,930 | 2023 | +1.46% | +1.61% | View data |
6 | 6 Norway | 39,300 | 2023 | +0.33% | +0.56% | View data |
7 | 7 Austria | 34,400 | 2023 | +1.31% | +1.25% | View data |
8 | 8 Finland | 23,650 | 2023 | -1.33% | -1.36% | View data |
9 | 9 Hungary | 23,450 | 2023 | +2.79% | +2.63% | View data |
10 | 10 Romania | 14,560 | 2023 | +1.89% | +0.59% | View data |