In 2023, Germany leads European personal transport equipment spending, followed by the United Kingdom and France. Germany saw a modest 3.33% uptick, while the UK experienced a notable 6.06% rise, and France declined slightly by 1.68%. Italy and Poland reflected growth rates of 2.25% and 6.77%, respectively. Countries like Slovenia, Lithuania, and Romania exhibited significant growth over 10%, contrasting with declines in Portugal and Croatia.
Looking ahead, expect increased emphasis on sustainable and electric transport solutions as European countries prioritize green policies and technologies. Additionally, Eastern European countries might leverage substantial growth opportunities in transportation infrastructure and equipment sectors. Continuous monitoring of these trends will prove beneficial for stakeholders in the market.
Top countries in Personal Transport Equipment Nominal Expenditure by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 92,280 | 2023 | +1.1% | +3.33% | View data |
| 2 | 2 United Kingdom | 76,140 | 2023 | +6.06% | +6.06% | View data |
| 3 | 3 France | 40,410 | 2023 | +1.07% | -1.68% | View data |
| 4 | 4 Italy | 38,680 | 2023 | +2.16% | +2.25% | View data |
| 5 | 5 Spain | 20,630 | 2023 | +1.58% | -3.57% | View data |
| 6 | 6 Poland | 14,440 | 2023 | +0.028% | +6.77% | View data |
| 7 | 7 Switzerland | 14,310 | 2023 | +0.007% | +6.5% | View data |
| 8 | 8 Netherlands | 13,690 | 2023 | +2.15% | +4.26% | View data |
| 9 | 9 Norway | 11,030 | 2023 | -2.79% | +5.98% | View data |
| 10 | 10 Sweden | 9,580 | 2023 | +2.05% | +5.83% | View data |
