In 2024, Lithuania leads the European Turnover Index for motor vehicle parts retail at 20.78 thousand, indicating robust growth, followed closely by Bulgaria at 18.04. Romania and Sweden also show strong positions at 16.57 and 14.82 respectively. Notably, Germany's index sits at 13.4, reflecting stable performance.
From 2022, Bulgaria experienced a significant year-on-year growth of 12.44%, showcasing strong market expansion, while Romania and Sweden grew by 8.34% and 4.97%. France saw a modest increase of 4.18%, while Germany and Italy showed smaller growths of 3.61% and 3.4% respectively. Over five years, index changes reveal a trend towards moderate but steady growth across the continent.
Looking ahead, technological advancements and environmental regulations will shape future trends, potentially boosting demand for electric vehicle parts and sustainable practices. Market players should watch for increased innovation-driven demand and evolving regulatory landscapes impacting the turnover index across Europe.
Top countries in Turnover Index of Motor Vehicle Parts Retail by Country
| # | 9 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 207.8 | 2022 | View data | ||
| 2 | 2 Bulgaria | 180.4 | 2022 | +16.92% | +12.44% | View data |
| 3 | 3 Romania | 165.7 | 2022 | +11.58% | +8.34% | View data |
| 4 | 4 Sweden | 148.2 | 2022 | +6.85% | +4.97% | View data |
| 5 | 5 France | 138.8 | 2022 | +9.38% | +4.18% | View data |
| 6 | 6 Czech Republic | 136.4 | 2022 | +9.47% | +5% | View data |
| 7 | 7 Germany | 134 | 2022 | +8.24% | +3.61% | View data |
| 8 | 8 Norway | 126.7 | 2022 | +4.62% | +5.4% | View data |
| 9 | 9 Italy | 122.9 | 2022 | +10.62% | +3.4% | View data |
