In 2023, Germany led the European turnover in land transport and transport via pipelines with 104.39 billion Euros, closely followed by France (99.16 billion Euros). Italy, the United Kingdom, and Spain also demonstrated significant market sizes, with respective turnovers of 77.64, 70.01, and 50.02 billion Euros. Notably, market performances varied, with Germany, Poland, Switzerland, and Serbia seeing strong positive year-on-year growth. In contrast, France and Finland experienced declines. Over the past five years, the compound annual growth rate highlighted slow yet steady growth in most countries, with Lithuania and Serbia showing remarkable upward trends.
Future trends to observe include the adoption of sustainable practices, technological advancements, and potential regulatory shifts across Europe. These factors are likely to influence both costs and operational efficiencies in the sector. Countries investing in green and digital innovations may outpace others in turnover growth over the coming years. Furthermore, geopolitical developments and economic policies will continue to impact market dynamics regionally.
Top countries in Turnover of Land Transport and Transport via Pipelines by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 104,390 | 2023 | +1.73% | +1.41% | View data |
| 2 | 2 France | 99,160 | 2023 | +1.12% | -0.18% | View data |
| 3 | 3 Italy | 77,640 | 2023 | +4.45% | +0.84% | View data |
| 4 | 4 United Kingdom | 70,010 | 2023 | +0.4% | +0.66% | View data |
| 5 | 5 Spain | 50,020 | 2023 | +2.3% | +0.47% | View data |
| 6 | 6 Poland | 48,090 | 2023 | +2.11% | +1.54% | View data |
| 7 | 7 Netherlands | 32,060 | 2023 | +1.18% | +0.81% | View data |
| 8 | 8 Switzerland | 23,320 | 2023 | +5.97% | +3.21% | View data |
| 9 | 9 Sweden | 21,740 | 2023 | +1.42% | +0.37% | View data |
| 10 | 10 Austria | 20,680 | 2023 | +1.73% | +0.76% | View data |
