The European production volumes for motor vehicles, trailers, and semi-trailers depict Germany as the leading nation with a production value of 437.09 billion Euros in 2023, showcasing a slight growth of 1.1% from the previous year. Italy follows with 68.87 billion Euros, marking a modest increase of 0.12%. Among the other countries, the Netherlands and Austria show notable growth rates at 3.27% and 1.49%, respectively. Finland and Slovenia demonstrate steady gains, while Belgium experiences a minor decrease of 0.19%. Greece's production volume declines significantly by 7.26%, indicating challenges within its automotive sector.
Future trends to watch include the continued emphasis on sustainability and green technology, which could influence production volumes as companies adapt to evolving regulatory standards. Additionally, advancements in electric vehicle technologies and supply chain realignments could significantly impact production strategies in the coming years.
Top countries in Production Volumes of Motor Vehicles, Trailers and Semi-trailers by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 437,090 | 2023 | +1.56% | +1.1% | View data |
| 2 | 2 Italy | 68,870 | 2023 | +1.29% | +0.12% | View data |
| 3 | 3 Netherlands | 19,600 | 2023 | +3.77% | +3.27% | View data |
| 4 | 4 Austria | 19,530 | 2023 | +1.98% | +1.49% | View data |
| 5 | 5 Belgium | 13,580 | 2023 | -1.34% | -0.19% | View data |
| 6 | 6 Slovenia | 4,290 | 2023 | +2.6% | +2.2% | View data |
| 7 | 7 Finland | 2,320 | 2023 | +2.43% | +1.85% | View data |
| 8 | 8 Estonia | 574.21 | 2023 | +3.62% | +3.37% | View data |
| 9 | 9 Greece | 79.79 | 2023 | -9.04% | -7.26% | View data |
