In 2023, Poland leads the European market with the highest share of road tractors over 20 years old, holding 50.09%. However, this is a 5.7% decrease from the previous year. Spain follows with a 25.77% share, showing a minor 1.48% increase. Belgium, Hungary, and Finland hold more modest shares but have seen notable rises, especially Finland with a 3.24% increase. Meanwhile, Germany and Portugal experienced slight improvements, roughly around 1.37% and 3.44% respectively. Notably, Lithuania faced a significant decline of 19.96%. Smaller markets like Malta, Switzerland, and Denmark observed minor growths close to 2-3%.
Future trends to watch include potential declines in older tractors in Poland as modernization efforts continue. Emerging markets like Hungary and Portugal show steady increases, which could be attributed to slower fleet turnover rates. Meanwhile, Lithuania's sharp decline suggests a significant fleet renewal. The ongoing economic and regulatory developments across the EU could further influence these trends, leading to wider adoption of newer, more efficient models.
Top countries in Number of Road Tractors at Least 20 Years Old Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 50.09 | 2023 | -4.57% | -5.7% | View data |
| 2 | 2 Spain | 25.77 | 2023 | +1.98% | +1.48% | View data |
| 3 | 3 Belgium | 7.14 | 2023 | +0.092% | +0.058% | View data |
| 4 | 4 Hungary | 4.39 | 2023 | +2.36% | +1.39% | View data |
| 5 | 5 Finland | 2.78 | 2023 | +4.11% | +3.24% | View data |
| 6 | 6 Germany | 2.48 | 2023 | +1.85% | +1.37% | View data |
| 7 | 7 Portugal | 2.39 | 2023 | +3.91% | +3.44% | View data |
| 8 | 8 Estonia | 1.03 | 2023 | +3.3% | +2.58% | View data |
| 9 | 9 Latvia | 0.61 | 2023 | +3.84% | +2.38% | View data |
| 10 | 10 Malta | 0.47 | 2023 | +2.47% | +2.7% | View data |
