The European Turnover Index for Automotive Fuel Retail in Specialised Stores shows Slovenia leading with a 2023 index value considerably higher than the European average. Lithuania, Romania, and Hungary follow, indicating strong growth. Generally, Central and Eastern Europe display significant index values surpassing major Western European economies like Germany, France, and Italy. Growth rates in 2022 suggest emerging markets in the East are expanding faster than their Western counterparts. A slight decline or smaller growth is observed in smaller markets like Malta and stable economies like Switzerland.
Future trends indicate continued growth in Central and Eastern Europe as urbanization and motorization increase. However, Western Europe may see slower progress due to market saturation and shifts towards alternative fuels. Monitoring shifts in consumer preferences towards electric and hybrid vehicles will be crucial, as they impact demand for traditional automotive fuels.
Top countries in Turnover Index of Automotive Fuel Retail in Specialised Stores by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 301.6 | 2022 | +92.59% | +19.22% | View data |
| 2 | 2 Lithuania | 269.2 | 2022 | +43.19% | +16.09% | View data |
| 3 | 3 Romania | 215.3 | 2022 | +45.28% | +13.86% | View data |
| 4 | 4 Hungary | 206.1 | 2022 | +36.67% | +13.11% | View data |
| 5 | 5 Poland | 204.6 | 2022 | +38.06% | +12.87% | View data |
| 6 | 6 Latvia | 202.1 | 2022 | +40.06% | +14.12% | View data |
| 7 | 7 Serbia | 201.9 | 2022 | +35.5% | +12.75% | View data |
| 8 | 8 Estonia | 198.1 | 2022 | +48.5% | +13.15% | View data |
| 9 | 9 Montenegro | 197.3 | 2022 | +39.83% | +10.31% | View data |
| 10 | 10 Slovakia | 169.9 | 2022 | +26.13% | +8.95% | View data |
