The Croatian motor vehicles market showed significant growth between 2013 and 2019, with consistent year-on-year increases, peaking in 2019 at 1,690.1 million euros. A downturn occurred in 2020 and 2021, dropping to 1,466.2 million euros by 2021. Recovery began in 2022, and by 2023, the market rebounded to 1,665.9 million euros, with a CAGR of 1.68% over the last five years.
Future trends to watch for include:
- Increased adoption of electric vehicles, influenced by EU sustainability mandates.
- Potential market volatility due to economic or geopolitical factors.
- Technological advancements in vehicle connectivity and autonomous features.
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 81,277,000,000 | 2023 | +1.7% | +2.53% | View data |
| 2 | 2 Italy | 55,343,000,000 | 2023 | +2.01% | +1.73% | View data |
| 3 | 3 France | 48,372,000,000 | 2023 | -1.3% | -1.72% | View data |
| 4 | 4 Denmark | 8,449,100,000 | 2023 | +8.5% | +5.36% | View data |
| 5 | 5 Finland | 4,817,500,000 | 2023 | +3.75% | -0.13% | View data |
| 6 | 6 Greece | 2,843,200,000 | 2023 | +4.69% | +5% | View data |
| 7 | 7 Croatia | 1,665,900,000 | 2023 | +6.31% | +1.68% | |
| 8 | 8 Estonia | 990,400,000 | 2023 | +4.04% | +0.18% | View data |
