The European sold production of motor vehicle parts and accessories shows Germany as the dominant leader with a 34.45% share, followed by Czechia and Poland at 11.83% and 8.26%, respectively, in 2023. Notably, Germany's production saw a 5.24% increase, while Poland's production increased by 3.09%. France experienced a significant decline of 9.08%. Smaller markets like Bulgaria and Serbia experienced noteworthy growth rates. Ireland and Latvia were among the countries facing sharp declines.
Future trends to watch include:
- The continued strength of Germany as the leading producer.
- The potential for Eastern European countries like Poland and the Czech Republic to increase their shares further.
- The impact of increasing demand for electric vehicle parts, potentially shifting production priorities across countries.
- Emerging technologies and innovations in automotive parts could reshape market shares among European countries.
Top countries in Sold Production of Motor Vehicle Parts and Accessories Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.45 | 2023 | +5.84% | +5.24% | View data |
| 2 | 2 Czechia | 11.83 | 2023 | |||
| 3 | 3 Poland | 8.26 | 2023 | +3.33% | +3.09% | View data |
| 4 | 4 Italy | 7.64 | 2023 | +2.94% | -1.83% | View data |
| 5 | 5 Spain | 6.97 | 2023 | +5.52% | +0.14% | View data |
| 6 | 6 Slovakia | 5.48 | 2023 | +4.7% | +4.21% | View data |
| 7 | 7 United Kingdom | 5.2 | 2023 | +0.02% | -1.71% | View data |
| 8 | 8 Romania | 4.59 | 2023 | +4.29% | +4.18% | View data |
| 9 | 9 Hungary | 3.78 | 2023 | +3.67% | +4.09% | View data |
| 10 | 10 France | 3.57 | 2023 | -4.71% | -9.08% | View data |
