In 2023, Italy dominated the European sold production of motor vehicles for transporting more than 10 persons, with a commanding share of 88.44%. Other significant contributors included Poland at 2.2%, and France at 1.23%. Countries like Belgium, Netherlands, and Portugal showed lower shares, while Spain and Denmark were minimal contributors. Noteworthy year-on-year increases were seen primarily in Italy with a remarkable 216.25% change, followed by growth in Portugal and Hungary.
Future trends to watch include potential shifts in production shares as other countries possibly increase their manufacturing capacities and adopt sustainable and innovative technologies to compete with Italy's production dominance. Monitoring policies and economic conditions will be crucial.
Top countries in Sold Production 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 Italy | 88.44 | 2023 | +32.75% | +216.25% | View data |
| 2 | 2 Poland | 2.2 | 2023 | +3.39% | +6.38% | View data |
| 3 | 3 France | 1.23 | 2023 | +0.27% | +3.69% | View data |
| 4 | 4 Belgium | 0.43 | 2023 | +0.14% | +0.3% | View data |
| 5 | 5 Netherlands | 0.31 | 2023 | +12.05% | +5.68% | View data |
| 6 | 6 Portugal | 0.29 | 2023 | +3.57% | +14.42% | View data |
| 7 | 7 Hungary | 0.14 | 2023 | +5.62% | +8.03% | View data |
| 8 | 8 Finland | 0.11 | 2023 | +7.06% | +2.38% | View data |
| 9 | 9 Spain | 0.058 | 2021 | View data | ||
| 10 | 10 Denmark | 0.005 | 2023 | -18.18% | View data |
