The European value added of land transport and transport via pipelines for 2023 showcased Germany leading with a significant value of 54.2 billion Euros. France followed with 49.19 billion Euros, while Spain contributed 24.24 billion Euros. The year-on-year variations indicated growth across most countries, with Slovenia achieving the highest increase at 2.83%, reflecting dynamic growth relative to others. Meanwhile, Greece and Cyprus experienced a decline, emphasizing challenges in their sectors. Analyzing the five-year CAGR, the consistent growth trend across major economies is evident, while smaller nations depict varying performance.
Future trends to monitor include the impact of sustainable transport initiatives and technological advancements, such as digitalization and automation, particularly in countries with higher investments in infrastructure. Regulatory changes on emissions and evolving consumer preferences towards eco-friendly transport solutions may significantly reshape the landscape.
Top countries in Value Added of Land Transport and Transport Via Pipelines by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 54,200 | 2023 | +4.25% | +1.41% | View data |
| 2 | 2 France | 49,190 | 2023 | +5.06% | +2.18% | View data |
| 3 | 3 Spain | 24,240 | 2023 | +3.16% | +1.21% | View data |
| 4 | 4 Austria | 10,250 | 2023 | +2.12% | +2.08% | View data |
| 5 | 5 Belgium | 9,300 | 2023 | +2.08% | +1.67% | View data |
| 6 | 6 Finland | 4,860 | 2023 | +0.42% | +0.5% | View data |
| 7 | 7 Portugal | 3,830 | 2023 | +2% | +1.71% | View data |
| 8 | 8 Greece | 2,830 | 2023 | -1.15% | -0.78% | View data |
| 9 | 9 Slovenia | 1,530 | 2023 | +2.9% | +2.83% | View data |
| 10 | 10 Luxembourg | 1,420 | 2023 | +2.46% | +1.68% | View data |
