The European net operating surplus in the motor vehicles, trailers, and semi-trailers sector varies significantly by country. In 2023, Germany led with a value of 31.83 billion euros, showing no change from the previous year. Spain and Finland showed minor increases of 2.02% and 2.73% respectively. Despite these growths, Italy and Belgium faced declines, with Italy showing a slight negative surplus and Belgium registering a decline, indicating challenging market conditions. Austria experienced a notable decline of 9.72% in 2023.
Looking ahead, the industry may witness further growth in countries like Spain and Finland, possibly driven by increased production efficiency and demand. However, challenges such as economic stagnation and regulatory changes may affect recovery negatively in areas like Italy and Belgium. As a result, industry stakeholders should closely monitor shifts in consumer demand and policy changes that could impact the European automotive manufacturing landscape.
Top countries in Net Operating Surplus in Motor Vehicles, Trailers and Semi-trailers by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,830 | 2023 | +2.62% | View data | |
| 2 | 2 Spain | 4,020 | 2023 | +1.95% | +2.02% | View data |
| 3 | 3 Netherlands | 1,240 | 2023 | +3.94% | View data | |
| 4 | 4 Austria | 225.29 | 2023 | -14.17% | -9.72% | View data |
| 5 | 5 Finland | 222 | 2023 | +4.23% | +2.73% | View data |
| 6 | 6 Slovenia | 113.1 | 2023 | +3.19% | View data | |
| 7 | 7 Estonia | 57 | 2023 | +4.01% | +2.74% | View data |
| 8 | 8 Ireland | 29.37 | 2023 | -1.35% | View data | |
| 9 | 9 Greece | 8.52 | 2023 | -2.15% | View data | |
| 10 | 10 Italy | -3.3 | 2023 | -88.17% | View data |
