In 2023, Germany led European production in the wholesale, retail trade, and repair of motor vehicles and motorcycles, valued at 30.86 million euros. France followed with 21.75 million euros, and Italy ranked third with 17.24 million euros. Smaller markets like Luxembourg and Estonia contributed minimally to the total production. Year-on-year growth varied across countries, with Slovakia showing the highest increase at 4.29%, while Spain's growth was the lowest at 1.56%. Over the last five years, growth has been stable, showing a steady increase across the board.
Looking ahead, several trends could shape future outcomes:
- Electric vehicle expansion is likely to influence market shares as countries with robust infrastructures and incentives for EV adoption may experience increased growth.
- Technological advancements in vehicle repair might streamline processes, potentially affecting market size.
- Regulatory changes around emissions and trade in the European Union will be critical to watch, potentially impacting market dynamics and production shares across countries.
Top countries in Production of Wholesale, Retail Trade and Repair of Motor Vehicles and Motorcycles Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.86 | 2023 | +1.82% | +2.6% | View data |
| 2 | 2 France | 21.75 | 2023 | +1.96% | +2.53% | View data |
| 3 | 3 Italy | 17.24 | 2023 | +1.48% | +2.59% | View data |
| 4 | 4 Spain | 13.07 | 2023 | +1.76% | +1.56% | View data |
| 5 | 5 Belgium | 6.05 | 2023 | +2% | +2.28% | View data |
| 6 | 6 Austria | 4.14 | 2023 | +1.99% | +2.1% | View data |
| 7 | 7 Finland | 2.46 | 2023 | +1.98% | +1.93% | View data |
| 8 | 8 Greece | 1.4 | 2023 | +0.41% | +1.84% | View data |
| 9 | 9 Ireland | 1.07 | 2023 | +1.93% | +1.63% | View data |
| 10 | 10 Slovakia | 0.84 | 2023 | +2.99% | +4.29% | View data |
