In 2023, Germany dominated the European import market of heavy goods vehicles, accounting for 29.31% in units. Spain and Italy showed declining trends with a decrease in their import shares by 3.31% and 1.6%, respectively. The Netherlands and Belgium experienced significant gains, with 8.34% and 6.48% increases, respectively. Poland's imports rose by 9.04%, while Luxembourg saw a dramatic reduction of 36.24%. The UK faced a notable decline, decreasing by 10.59%.
Future trends to watch include potential growth in Eastern European markets spurred by economic development and infrastructure investments. Environmentally driven policies may gradually shift imports to more fuel-efficient models, influencing market dynamics across Europe.
Top countries in Import of Goods Vehicles with Compression-Ignition Internal Combustion Piston Engine of a Gross Vehicle Weight More than 20 Tonnes Share by Country (Units (Items))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 29.31 | 2023 | +4.17% | +3.49% | View data |
2 | 2 Spain | 13.4 | 2023 | +9.05% | -3.31% | View data |
3 | 3 Italy | 7.65 | 2023 | +3.44% | -1.6% | View data |
4 | 4 Netherlands | 6.78 | 2023 | +5.56% | +8.34% | View data |
5 | 5 Belgium | 6.26 | 2023 | +1.91% | +6.48% | View data |
6 | 6 France | 6.01 | 2023 | +0.1% | +1.72% | View data |
7 | 7 United Kingdom | 4.9 | 2023 | -8.7% | -10.59% | View data |
8 | 8 Poland | 3.65 | 2023 | +4.12% | +9.04% | View data |
9 | 9 Finland | 3.55 | 2023 | +3.14% | -0.017% | View data |
10 | 10 Austria | 3.32 | 2023 | +0.55% | -4.74% | View data |