The European Turnover Index for Motor Vehicles Maintenance and Repair reveals that Lithuania experienced the highest turnover in 2023, with notable growth. Other countries like Romania and Croatia also saw substantial increases, with Romania having a significant year-on-year growth of 7.96% in 2022. Poland showed strong performance with a 10.9% increase, while Latvia also performed well in the Baltic region. Western European countries such as France and Germany recorded modest growth rates, with France at 5.32% year-on-year. Italy showed minimal growth, highlighting divergent trends across Europe. Overall, Eastern European nations are showing stronger increases compared to their Western counterparts.
Future trends to watch include further divergence between Eastern and Western Europe, as growing economies in the east expand their automotive maintenance sectors. Technological advancements, such as electric vehicle adoption, could impact these indices, while economic conditions and consumer behavior will continue to drive regional differences.
Top countries in Turnover Index of Motor Vehicles Maintenance and Repair by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 297.6 | 2022 | +28.61% | +18.74% | View data |
| 2 | 2 Romania | 232.6 | 2022 | +10.97% | +7.96% | View data |
| 3 | 3 Croatia | 203.5 | 2022 | +12.43% | +7.46% | View data |
| 4 | 4 Poland | 183 | 2022 | +28.33% | +10.9% | View data |
| 5 | 5 Latvia | 171.9 | 2022 | +16.94% | +7.65% | View data |
| 6 | 6 France | 142.8 | 2022 | +8.18% | +5.32% | View data |
| 7 | 7 Czech Republic | 140.3 | 2022 | +10.39% | +3.77% | View data |
| 8 | 8 Belgium | 136.7 | 2022 | +8.75% | +3.52% | View data |
| 9 | 9 Norway | 136.7 | 2022 | -1.65% | +4.06% | View data |
| 10 | 10 Netherlands | 132.4 | 2022 | +11.82% | +3.83% | View data |
