In 2023, Germany dominated the European production of trailers and related vehicle parts with a 58.53% share, albeit experiencing a 7.33% decline from the previous year. The United Kingdom held a significant 28.02% share, but also saw a modest decline of 2.08%. Slovakia and France recorded notable increases in production at 9.46% and 12.68%, respectively. Other countries like Estonia and Italy showed remarkable growth rates of 57.28% and 11.71%. Meanwhile, a decline was observed in Croatia, Portugal, and Finland. The Compound Annual Growth Rate (CAGR) for the past five years showed varied performances across the region.
Future trends to watch include:
- A potential stabilization or increased demand in Germany and the UK despite current declines.
- Continued growth in emerging players such as Slovakia, France, and Estonia.
- Technological advancements and regulatory changes that may impact production and market shares across Europe.
- Environmental policies potentially driving innovation and production shifts in the region.
Top countries in Sold Production of Trailers, Semi-Trailers and Other Vehicles Not Mechanically Propelled Parts Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 58.53 | 2023 | -2.58% | -7.33% | View data |
| 2 | 2 United Kingdom | 28.02 | 2023 | -1.76% | -2.08% | View data |
| 3 | 3 Slovakia | 3.84 | 2023 | +5.64% | +9.46% | View data |
| 4 | 4 France | 3.51 | 2023 | -1.75% | +12.68% | View data |
| 5 | 5 Spain | 2.85 | 2023 | +1.57% | +1.01% | View data |
| 6 | 6 Hungary | 2.16 | 2023 | +4.1% | +2.65% | View data |
| 7 | 7 Italy | 1.36 | 2023 | +17.6% | +11.71% | View data |
| 8 | 8 Sweden | 1.02 | 2023 | +2.84% | +2.75% | View data |
| 9 | 9 Netherlands | 0.55 | 2023 | +2.55% | +9.66% | View data |
| 10 | 10 Lithuania | 0.54 | 2023 | +5.1% | +5.99% | View data |
