The European Durable Consumer Goods Turnover Index reveals notable variations by country. Montenegro leads with the highest turnover index, showing a significant increase in 2022, followed by Serbia and Latvia. On the other hand, Slovakia experienced a decline. The recent trends show countries like Bulgaria and Cyprus enjoyed substantial growth, while Ireland remained stagnant. Germany and France had modest growth rates. Looking over five years, several Eastern European countries exhibit higher growth rates compared to their Western counterparts, showing dynamic markets.
Future trends to watch include:
- The potential impact of technological advancements on durable consumer goods.
- Inflationary pressures and their effect on consumer spending power.
- Continued growth potential in Eastern European markets.
- Shifts in consumer preferences towards sustainable and energy-efficient products.
Top countries in Durable Consumer Goods Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Montenegro | 355.9 | 2022 | +6.75% | +27.39% | View data |
| 2 | 2 Serbia | 232.2 | 2022 | +23.77% | +14.11% | View data |
| 3 | 3 Latvia | 220 | 2022 | +20.61% | +13.33% | View data |
| 4 | 4 Bulgaria | 215.4 | 2022 | +29.06% | +14.85% | View data |
| 5 | 5 Cyprus | 209.3 | 2022 | +20.01% | +10.11% | View data |
| 6 | 6 Romania | 207.7 | 2022 | +10.95% | +10.3% | View data |
| 7 | 7 Lithuania | 199.6 | 2022 | +24.21% | +13.56% | View data |
| 8 | 8 Slovenia | 186.8 | 2022 | +31.83% | +11.52% | View data |
| 9 | 9 Poland | 174.2 | 2022 | +10.46% | +9.22% | View data |
| 10 | 10 Croatia | 170.5 | 2022 | +20.24% | +7.64% | View data |
