Germany leads the European sold production of locomotives and rolling-stock parts in 2023 with a value of 2.4883 billion Euros, despite showing a relatively modest year-on-year growth of 2.46%. Austria follows, exhibiting a strong growth trajectory with a value of 1.1398 billion Euros and a notable 7.57% increase. France, although third, experiences marginal growth of 0.15%, while countries like Poland and Italy display robust growth rates of 7.32% and an impressive 11.99%, respectively. In contrast, the United Kingdom sees a slight decline of 0.28%, and Romania continues its downturn with a 2.37% decrease. Finland stands out with a remarkable 43.39% increase, albeit from a smaller base.
Future trends to watch in the European market include the technological advancements in manufacturing processes, the impact of green initiatives on production, and the shifts in demand prompted by emerging markets. Additionally, policy changes within the EU aimed at bolstering transportation infrastructure might significantly influence production volumes and growth rates across the continent.
Top countries in Sold Production of Locomotives or Rolling-Stock Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,488,300,000 | 2023 | +1.27% | +2.46% | View data |
| 2 | 2 Austria | 1,139,800,000 | 2023 | +7.53% | +7.57% | View data |
| 3 | 3 France | 1,036,600,000 | 2023 | +1.75% | +0.15% | View data |
| 4 | 4 Czechia | 817,610,000 | 2023 | |||
| 5 | 5 Spain | 711,120,000 | 2023 | +1.13% | +1.73% | View data |
| 6 | 6 Poland | 619,930,000 | 2023 | +4.23% | +7.32% | View data |
| 7 | 7 Italy | 589,200,000 | 2023 | +2.32% | +11.99% | View data |
| 8 | 8 Hungary | 466,530,000 | 2023 | +3.98% | +5.39% | View data |
| 9 | 9 United Kingdom | 323,160,000 | 2023 | +0.69% | -0.28% | View data |
| 10 | 10 Sweden | 292,040,000 | 2021 | +16.79% | View data |
