In 2024, Germany leads the European market in motor vehicle parts and accessories production with 1.1645 billion kilograms, followed by Italy (1.0737), Spain (0.84096), Czechia (0.80383), and Poland (0.67665). Notable year-on-year variations include a significant increase in Romania (9.1%) and Bulgaria (30.82%), while France and Finland experienced declines of -11.4% and -12.75% respectively. Over the last five years, the Compound Annual Growth Rate (CAGR) varied, reflecting diverse regional trends and market dynamics.
Future trends to watch include the shift towards electric vehicles (EVs), which may drive demand for specific parts and accessories, and the impact of supply chain disruptions on production volumes. Additionally, environmental regulations and technological advancements are expected to reshape the industry landscape significantly.
Top countries in Sold Production of Motor Vehicle Parts and Accessories by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,164,500,000 | 2023 | +6.81% | +3.58% | View data |
| 2 | 2 Italy | 1,073,700,000 | 2023 | +4.49% | -0.22% | View data |
| 3 | 3 Spain | 840,960,000 | 2023 | +5.31% | +1.12% | View data |
| 4 | 4 Czechia | 803,830,000 | 2023 | |||
| 5 | 5 Poland | 676,650,000 | 2023 | +2.66% | +0.86% | View data |
| 6 | 6 Slovakia | 445,150,000 | 2023 | +5.12% | +2.92% | View data |
| 7 | 7 Sweden | 329,490,000 | 2023 | +6.64% | +0.43% | View data |
| 8 | 8 France | 295,680,000 | 2023 | +3.98% | -11.4% | View data |
| 9 | 9 Hungary | 260,510,000 | 2023 | +1.57% | +1.87% | View data |
| 10 | 10 Austria | 222,010,000 | 2023 | +3.73% | -1.25% | View data |
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