In the European wholesale sector (excluding motor vehicles and motorcycles), Germany leads with €50.17 million, followed by Spain at €22.44 million and the Netherlands at €13.94 million, as of 2023. Year-on-year growth saw Germany increase by 2.34%, Spain by 7.41%, while Lithuania leads in growth with an 8.56% rise. Conversely, Greece experienced a decline of 1.35%. Over the past five years, the sector has seen varied growth, influenced by economic developments and national market dynamics.
Future trends to watch include:
- Continued digitalization driving efficiency across supply chains.
- Potential impact of Brexit leading to shifts in trade partnerships.
- Market consolidation driven by mergers and acquisitions targeting efficiency and scale.
Top countries in Wages and Salaries in Wholesale (Except of Motor Vehicles and Motorcycles) Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.17 | 2023 | +2.55% | +2.34% | View data |
| 2 | 2 Spain | 22.44 | 2023 | +6.7% | +7.41% | View data |
| 3 | 3 Netherlands | 13.94 | 2023 | +1.24% | +1.63% | View data |
| 4 | 4 Belgium | 6.53 | 2023 | +1.53% | +1.47% | View data |
| 5 | 5 Finland | 2.45 | 2023 | +1.13% | +1.17% | View data |
| 6 | 6 Greece | 1.89 | 2023 | -1.65% | -1.35% | View data |
| 7 | 7 Lithuania | 1.09 | 2023 | +4.64% | +8.56% | View data |
| 8 | 8 Slovenia | 0.83 | 2023 | +2.12% | +3.5% | View data |
| 9 | 9 Estonia | 0.4 | 2023 | +4.54% | +3.51% | View data |
| 10 | 10 Cyprus | 0.27 | 2023 | +0.29% | +0.87% | View data |
