The European market for oil, petrol, and intake air filters for internal combustion engines is dominated by Germany, contributing a substantial portion, approximately 62.95% in euros. Czechia and France follow, with shares of 13.56% and 7.42%, respectively. Italy and the United Kingdom are noteworthy as well, despite witnessing slight declines in their overall market shares.
A closer inspection reveals:
- Germany exhibited a modest increase in its market share, with a 0.57% rise in 2023.
- Czechia and Lithuania displayed significant growth potential, with notable increases in their production shares.
- Conversely, the UK and Hungary experienced declines in their shares, reflecting potential challenges in their production efficiencies or market strategies.
- Overall, some smaller markets like Estonia encountered a sharp year-over-year decrease, indicating potential issues or shifts in business strategies.
Looking forward to 2024 and beyond, the European market for filters may experience pivotal transformations as the EU's aggressive energy policies push the adoption of electric vehicles. Innovations in hybrid vehicle technology could maintain demand for certain filters, while other categories, like traditional oil filters, may experience dwindling demand. Attention should be paid to regulatory changes, consumer trends toward sustainability, and technological advancements that could significantly alter market dynamics.
Top countries in Sold Production of Oil Filters, Petrol Filters and Intake Air Filters for Internal Combustion Engines Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 62.95 | 2023 | +3.24% | +0.57% | View data |
| 2 | 2 Czechia | 13.56 | 2023 | |||
| 3 | 3 France | 7.42 | 2023 | +2.99% | +0.31% | View data |
| 4 | 4 Italy | 6.85 | 2023 | +12.79% | -0.042% | View data |
| 5 | 5 United Kingdom | 4.7 | 2023 | -2.35% | -2.6% | View data |
| 6 | 6 Spain | 2.95 | 2021 | -15.54% | View data | |
| 7 | 7 Lithuania | 0.7 | 2023 | +4.14% | +6.33% | View data |
| 8 | 8 Finland | 0.53 | 2023 | -3.88% | +4.76% | View data |
| 9 | 9 Sweden | 0.061 | 2021 | +59.09% | View data | |
| 10 | 10 Greece | 0.02 | 2023 | -2.03% | +4.91% | View data |
