In 2023, Italy led the European sold production of parts of self-propelled works trucks, with 32.518 million Euros, although it experienced a slight year-on-year decline of 1.79%. Sweden ranks second with 20.247 million Euros and a positive growth of 3.89%. Germany and Bulgaria follow, with Bulgaria showcasing a notable increase of 25.77%. Remarkably, Finland and Croatia recorded significant growth rates of 24.15% and 12.46%, respectively, while Denmark faced a decline of 10.06%.
Future trends to watch include the potential for burgeoning markets in Eastern European countries like Bulgaria and the need for innovation in Western European countries such as Italy and Germany to maintain competitiveness and curb declines. Additionally, advancements in technology and sustainability could further influence production and market dynamics across Europe.
Top countries in Sold Production of Parts of Self-Propelled Works Trucks by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32,518,000 | 2023 | +19.02% | -1.79% | View data |
| 2 | 2 Sweden | 20,247,000 | 2023 | +2.53% | +3.89% | View data |
| 3 | 3 Germany | 10,274,000 | 2021 | +1.44% | +3.04% | View data |
| 4 | 4 Bulgaria | 9,095,900 | 2023 | +5.46% | +25.77% | View data |
| 5 | 5 Czechia | 7,356,100 | 2021 | |||
| 6 | 6 Estonia | 2,475,000 | 2023 | +6.43% | +8.61% | View data |
| 7 | 7 Hungary | 2,347,200 | 2023 | +1.71% | -12.82% | View data |
| 8 | 8 Finland | 2,224,000 | 2023 | +43.83% | +24.15% | View data |
| 9 | 9 Croatia | 1,386,800 | 2023 | +5.2% | +12.46% | View data |
| 10 | 10 Denmark | 493,340 | 2023 | -25.14% | -10.06% | View data |
