In 2023, Poland topped the European market for motor vehicles designed to transport over 10 persons, with a value of 1.6027 billion Euros, leading France and Czechia. Year-on-year variations indicate notable growth in Italy and France with 36.52% and 8.45%, respectively. Poland also saw a positive uptick of 7.81%, while Portugal witnessed a slight decline of 0.5%. Over the last five years, the compound annual growth rate highlights substantial variations with Italy standing out as a growing player.
Future trends to watch for:
- Continued growth in Eastern European countries such as Poland and Czechia, driven by investments and production efficiency.
- Potential market shifts influenced by regulatory changes and environmental policies in the EU.
- The impact of technological advancements like electric and autonomous vehicles on production dynamics and country rankings.
Top countries in Sold Production of Motor Vehicles for the Transport of More than 10 Persons by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,602,700,000 | 2023 | +3.82% | +7.81% | View data |
| 2 | 2 France | 1,044,600,000 | 2023 | +2.88% | +8.45% | View data |
| 3 | 3 Czechia | 1,025,500,000 | 2023 | |||
| 4 | 4 Italy | 867,700,000 | 2023 | +2.56% | +36.52% | View data |
| 5 | 5 Belgium | 642,330,000 | 2023 | +2.38% | +3.82% | View data |
| 6 | 6 Netherlands | 269,090,000 | 2023 | +16.17% | +4.36% | View data |
| 7 | 7 Hungary | 104,960,000 | 2023 | +5.89% | +8.77% | View data |
| 8 | 8 Spain | 102,290,000 | 2021 | View data | ||
| 9 | 9 Portugal | 77,419,000 | 2023 | +4.39% | -0.5% | View data |
| 10 | 10 Finland | 63,312,000 | 2023 | +6.38% | +3.09% | View data |
