In 2023, the European production value of services incidental to land transportation indicated noteworthy geographical disparities. France led with 17.85 million euros, followed closely by the United Kingdom and Germany. This year, Spain and the Netherlands experienced remarkable growth at rates of 11.63% and 11.11%, respectively, while Italy faced a notable decline of 6.24%. Smaller markets, like Bosnia and Herzegovina, showed impressive increases, growing by 30.32%. The sector's outlook shows varied trends, with high growth in emerging Eastern European markets offset by slight contractions in some Western countries.
Future trends to watch:
- Continued expansion in Eastern European markets may influence the overall balance.
- Technological advancements and sustainability initiatives could reshape service offerings.
- Brexit's long-term impact and the EU's regulatory environment may create new dynamics.
Top countries in Production Value of Services Incidental to Land Transportation Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 17.85 | 2023 | +4.57% | +0.24% | View data |
| 2 | 2 United Kingdom | 14.61 | 2023 | -0.29% | -0.017% | View data |
| 3 | 3 Germany | 13.43 | 2023 | +0.7% | +0.37% | View data |
| 4 | 4 Italy | 12.54 | 2023 | -8.57% | -6.24% | View data |
| 5 | 5 Spain | 11.48 | 2023 | +8.19% | +11.63% | View data |
| 6 | 6 Poland | 5.54 | 2023 | +4.83% | +6.41% | View data |
| 7 | 7 Netherlands | 3.72 | 2023 | +9.06% | +11.11% | View data |
| 8 | 8 Austria | 2.91 | 2023 | -3.31% | -4.4% | View data |
| 9 | 9 Sweden | 2.12 | 2023 | +0.59% | -2.33% | View data |
| 10 | 10 Portugal | 2.04 | 2023 | +0.53% | -2.75% | View data |
