The United Kingdom leads the European export market for motor vehicles transporting more than 10 persons with a 32.67% share, experiencing a 12.15% increase year-on-year. Luxembourg, Czechia, and Spain also hold significant shares but show varying growth rates, with Spain notably increasing by 21.08%. Ireland exhibits remarkable growth at 78.83%. Germany, traditionally strong in the automotive sector, shows a slight decline at -2.99%, possibly due to shifting global market dynamics. Overall, the market sees diverse growth patterns across different countries.
Future trends to watch include the impact of environmental regulations and shifts towards sustainable transportation solutions, influencing export strategies. The evolving geopolitical landscape and trade agreements within and outside Europe may also affect market share distribution among countries.
Top countries in Export of Motor Vehicles for the Transport of More than 10 Persons Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 32.67 | 2023 | +2.76% | +12.15% | View data |
| 2 | 2 Luxembourg | 14.72 | 2021 | +120310% | +233.93% | View data |
| 3 | 3 Czechia | 12.28 | 2023 | |||
| 4 | 4 Spain | 10.36 | 2023 | +0.63% | +21.08% | View data |
| 5 | 5 Ireland | 8.68 | 2023 | +0.17% | +78.83% | View data |
| 6 | 6 Poland | 8.59 | 2023 | +3.25% | +8.38% | View data |
| 7 | 7 Germany | 5.5 | 2023 | +5.78% | -2.99% | View data |
| 8 | 8 Belgium | 4.78 | 2023 | +2.6% | +3.62% | View data |
| 9 | 9 Italy | 3.6 | 2023 | +13.91% | +18.32% | View data |
| 10 | 10 Denmark | 3.16 | 2023 | +25.33% | -3.14% | View data |
