In 2023, European export trends for goods vehicles with diesel or semi-diesel engines show a notable reduction in Italy, Spain, and Germany, with a complete cessation of exports. Belgium and the Netherlands experienced modest growth, at 13.84% and 9.01% respectively. Positive growth was observed in Greece, with exports surging by 132.07%, while Poland also grew by 7.24%. Conversely, Denmark and Cyprus both experienced declines, at 11.3% and 8.47% respectively, alongside Austria's 5.01% reduction. Overall, certain smaller markets like Malta and Bulgaria presented promising growth indicators, growing by 16.0% and 22.68% respectively.
Future trends to watch include the potential resurgence in leading markets such as Italy, Spain, and Germany post-2023 declines. Technological advancements, shifts to more sustainable energy sources, and new environmental policies could significantly influence market dynamics, potentially favoring countries that rapidly adapt to these changes. Markets with recent growth like Greece and smaller ones like Slovenia and Hungary may continue their upward trajectory if they capitalize on untapped opportunities.
Top countries in Export of Goods Vehicles with a Diesel or Semi-Diesel Engine of a Gross Vehicle Weighing Less than 5 Tonnes by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 325,620 | 2023 | -5.14% | View data | |
| 2 | 2 Spain | 271,530 | 2023 | -11.76% | View data | |
| 3 | 3 Poland | 221,660 | 2023 | +4.59% | +7.24% | View data |
| 4 | 4 Germany | 208,740 | 2023 | -30.38% | View data | |
| 5 | 5 Belgium | 175,530 | 2023 | +1.08% | +13.84% | View data |
| 6 | 6 Netherlands | 47,870 | 2023 | +4.08% | +9.01% | View data |
| 7 | 7 Slovenia | 39,430 | 2023 | +3.35% | +1.57% | View data |
| 8 | 8 Hungary | 14,180 | 2023 | +5.28% | +7.59% | View data |
| 9 | 9 Slovakia | 10,100 | 2023 | -2.4% | -1.31% | View data |
| 10 | 10 Sweden | 7,500 | 2023 | +7.18% | -0.95% | View data |
