In 2023, Germany led Europe's production of trailers and related parts, generating over one billion Euros, with a modest growth rate of 0.97%. Italy and the UK followed, with growth rates of 0.65% and 0.96%, respectively. Spain and the Netherlands saw considerable growth at 2.01% and 6.17%, respectively, while Sweden had an impressive 12.47% increase. Meanwhile, Slovakia, Portugal, and Greece faced significant contractions, with Greece experiencing the most substantial decrease at 26%.
Looking forward, trends to monitor include:
- Germany's sustained dominance in production.
- Potential growth opportunities in Eastern Europe, particularly Hungary and Romania, signaling positive momentum with robust yearly growth rates.
- Challenges in maintaining production levels in regions with declining growth, such as Slovakia and Southern Europe, highlight the need for innovation or policy changes.
Top countries in Sold Production of Trailers, Semi-Trailers and Other Vehicles Not Mechanically Propelled Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,192,900,000 | 2023 | +5.56% | +0.97% | View data |
| 2 | 2 Italy | 400,180,000 | 2023 | +5.42% | +0.65% | View data |
| 3 | 3 United Kingdom | 292,930,000 | 2023 | +0.017% | +0.96% | View data |
| 4 | 4 Spain | 288,770,000 | 2023 | +7.22% | +2.01% | View data |
| 5 | 5 Netherlands | 279,140,000 | 2023 | +2.34% | +6.17% | View data |
| 6 | 6 Hungary | 184,950,000 | 2023 | +2.85% | +2.65% | View data |
| 7 | 7 Sweden | 167,710,000 | 2023 | +3.19% | +12.47% | View data |
| 8 | 8 Poland | 154,810,000 | 2023 | +2.34% | +4.72% | View data |
| 9 | 9 Norway | 144,960,000 | 2023 | +3.61% | -1.66% | View data |
| 10 | 10 France | 139,140,000 | 2023 | -4.13% | -1.47% | View data |
