The European Road Freight Volume in the Renting and Leasing of Trucks sector shows France dominating with the highest volume at 1.01 billion vehicle-kilometers in 2023, reflecting a 9.88% increase from the previous year. Poland follows with 0.131 billion vehicle-kilometers and a strong growth rate of 16.9%. The Czech Republic, Austria, and Slovakia exhibit minor variations, with Austria experiencing a slight decline of 5.4%. The lowest volumes were observed in Luxembourg, Latvia, Norway, and Denmark. Some countries, like Portugal and Latvia, showed no change in the last year. Sweden saw a notable decrease of 5.59%, while Lithuania showed a growth of 5.92%.
Future trends to watch include:
- Potential growth in Eastern Europe, leveraging lower operational costs.
- Technological advancements in vehicle efficiency could influence growth trajectories.
- Environmental regulations may impact demand shifts towards more sustainable leasing options.
- The economic recovery post-pandemic may increase overall freight demand.
- Geopolitical developments impacting cross-border transport dynamics.
Top countries in Road Freight Volume of Renting and Leasing of Trucks Sector by Country
| # | 10 Countries | Million Vehicle-Kilometers | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,010 | 2023 | +111.97% | +9.88% | View data |
| 2 | 2 Poland | 131 | 2023 | 0% | +16.9% | View data |
| 3 | 3 Czech Republic | 33 | 2023 | +6.45% | +1.26% | View data |
| 4 | 4 Austria | 25 | 2023 | +4.17% | -5.4% | View data |
| 5 | 5 Slovakia | 10 | 2023 | +25% | +1.03% | View data |
| 6 | 6 Portugal | 9 | 2023 | +200% | View data | |
| 7 | 7 Romania | 5 | 2023 | +400% | -3.58% | View data |
| 8 | 8 Lithuania | 4 | 2023 | 0% | +5.92% | View data |
| 9 | 9 Sweden | 3 | 2023 | 0% | -5.59% | View data |
| 10 | 10 Latvia | 1 | 2023 | 0% | View data |
