In 2024, the European Production Value of Renting and Leasing of Trucks was led by the United Kingdom with €38.37 million, followed by Germany at €20.04 million, and France at €8.63 million. Notably, Germany and France showed a decline in their year-on-year values from 2023 by -0.62% and -14.82% respectively, while countries like Poland, Italy, Spain, Lithuania, and Romania showed positive growth rates of 4.01%, 6.35%, 4.88%, 14.55%, and 11.77% year-on-year respectively. Smaller markets such as Iceland, Serbia, and Norway noted significant year-on-year changes of 15.6%, 13.04%, and -1.4% respectively, indicating emerging or fluctuating markets.
Future trends to watch in the European market include rising investments in greener truck fleets, the impact of economic shifts on leasing demands, and potential regulatory changes within the EU transportation sector. Enhanced digitalization of leasing processes and increased cross-border leasing activities are also expected to shape the market landscape.
Top countries in Production Value of Renting and Leasing of Trucks Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 38.37 | 2023 | +2.29% | +1.46% | View data |
| 2 | 2 Germany | 20.04 | 2023 | +11.9% | -0.62% | View data |
| 3 | 3 France | 8.63 | 2023 | -13.46% | -14.82% | View data |
| 4 | 4 Poland | 8.51 | 2023 | +2.84% | +4.01% | View data |
| 5 | 5 Italy | 4.61 | 2023 | +5.77% | +6.35% | View data |
| 6 | 6 Spain | 3.97 | 2023 | +2.7% | +4.88% | View data |
| 7 | 7 Belgium | 2.37 | 2023 | +4.74% | +1.22% | View data |
| 8 | 8 Lithuania | 1.65 | 2023 | +6.89% | +14.55% | View data |
| 9 | 9 Romania | 1.54 | 2023 | +14.9% | +11.77% | View data |
| 10 | 10 Denmark | 1.47 | 2023 | +1.23% | View data |
