In 2023, Italy dominated the European export market for built-in jacking systems used in garages for raising vehicles, with a significant share of 68.39%. However, Italy experienced a notable year-on-year decline of 14.17%, indicating potential challenges in maintaining this lead. The Netherlands and Germany followed with shares of 13.42% and 11.58%, respectively. The Netherlands saw a substantial increase of 15.33%, contrasting with Germany's decline of 9.21%. The smallest contributors, like Romania and Bulgaria, held less than 0.02% each, with Bulgaria experiencing the largest decline of 19.96%.
Future trends to watch include:
- Potential growth in smaller markets such as Greece and Luxembourg, which showed impressive increases of 86.28% and 75.51% in 2023, respectively.
- Continued advancements in automotive technology and sustainability initiatives may drive demand and influence the geographic distribution of exports.
- Ongoing economic conditions and trade policies in major contributing countries could impact overall European export dynamics.
Top countries in Export of Built-In Jacking Systems of a Type Used in Garages for Raising Vehicles Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 68.39 | 2023 | +49.22% | -14.17% | View data |
| 2 | 2 Netherlands | 13.42 | 2023 | +4.13% | +15.33% | View data |
| 3 | 3 Germany | 11.58 | 2023 | +2.14% | -9.21% | View data |
| 4 | 4 Spain | 8.57 | 2023 | +117.1% | -14.37% | View data |
| 5 | 5 Denmark | 2.64 | 2023 | +3.75% | +7.7% | View data |
| 6 | 6 Austria | 2.38 | 2023 | +15.88% | -2.68% | View data |
| 7 | 7 Slovenia | 2.38 | 2023 | +5.52% | +2.6% | View data |
| 8 | 8 Belgium | 1.68 | 2023 | +9.46% | +15.91% | View data |
| 9 | 9 Hungary | 1.36 | 2023 | +1.26% | -2.69% | View data |
| 10 | 10 Lithuania | 1.34 | 2023 | +4.86% | +4.21% | View data |
