The Greek motor vehicles market experienced consistent growth from 2013 to 2023, reaching a value of 2.8432 billion Euros by 2023. A notable acceleration was seen from 2016 to 2019, peaking with a compound annual growth rate (CAGR) of over 12% in 2019. Although growth decelerated slightly afterward, the market still witnessed a steady increase, with 2023 showing a year-on-year growth of 4.69% and a 5-year CAGR of 5%. Over the last two years, the market showed resilience with varied growth despite challenges.
Looking forward, key trends to watch include the adoption of electric vehicles, shifts in consumer preferences towards more sustainable options, and the role of government incentives in stimulating market demand. Additionally, global supply chain dynamics and economic conditions will also play significant roles in influencing future market trajectories.
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 81,277,000,000 | 2023 | +1.7% | +2.53% | View data |
| 2 | 2 Italy | 55,343,000,000 | 2023 | +2.01% | +1.73% | View data |
| 3 | 3 France | 48,372,000,000 | 2023 | -1.3% | -1.72% | View data |
| 4 | 4 Denmark | 8,449,100,000 | 2023 | +8.5% | +5.36% | View data |
| 5 | 5 Finland | 4,817,500,000 | 2023 | +3.75% | -0.13% | View data |
| 6 | 6 Greece | 2,843,200,000 | 2023 | +4.69% | +5% | |
| 7 | 7 Croatia | 1,665,900,000 | 2023 | +6.31% | +1.68% | View data |
| 8 | 8 Estonia | 990,400,000 | 2023 | +4.04% | +0.18% | View data |
