Germany retained the largest share of European motor vehicle imports, although experiencing a decrease of 3.54% in 2023. France and the UK followed, with minimal growth in France and a notable decline in the UK of 6.29%. Malta showed an exceptional spike of 177.61%, indicating a significant shift in import patterns. Stable growth was noted in Belgium and Poland.
Countries like Ireland and Lithuania saw considerable increases, whereas Slovakia and Portugal observed double-digit declines, pointing to volatility in these markets. Over five years, countries have experienced varying compound annual growth rates (CAGR), reflecting broader economic and industrial shifts.
Looking ahead, watch for the impact of emerging technologies and green policies on import patterns. Countries with rapid growth may align with increasing demand for diverse vehicle types, while others may adjust based on regulations and economic conditions.
Top countries in Import of Motor Vehicle Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.74 | 2023 | +1.8% | -3.54% | View data |
| 2 | 2 France | 14 | 2023 | +5.57% | +0.82% | View data |
| 3 | 3 United Kingdom | 12.26 | 2023 | -3.94% | -6.29% | View data |
| 4 | 4 Belgium | 10.63 | 2023 | +4.63% | +0.044% | View data |
| 5 | 5 Spain | 9.6 | 2023 | +12.54% | -1.54% | View data |
| 6 | 6 Italy | 9.34 | 2023 | +7.12% | -2.82% | View data |
| 7 | 7 Malta | 7.03 | 2023 | +84.7% | +177.61% | View data |
| 8 | 8 Netherlands | 4.47 | 2023 | +5.28% | +0.31% | View data |
| 9 | 9 Poland | 4.01 | 2023 | +2.7% | +0.28% | View data |
| 10 | 10 Ireland | 3.21 | 2023 | +27.26% | +26.72% | View data |
