The European value added of motor vehicles, trailers, and semi-trailers shows Germany as the dominant leader with 150.37 billion Euros. Italy, France, and Spain follow as upper-tier contributors, though significantly below Germany. Slovakia and Austria also show noteworthy results, representing the mid-tier group. Smaller markets like Greece and Estonia contribute marginally, with Greece notably declining by 5.84% in 2023. Most countries experienced growth, with Slovakia’s value increasing by 7.21%, in contrast to Belgium which saw a decrease of 2.04%.
Looking ahead, key trends to monitor include technological advancements, regulatory changes, and shifts towards electric vehicles which could alter the distribution of value added among European countries, potentially elevating emerging markets and realigning established leaders.
Top countries in Value Added of Motor Vehicles, Trailers and Semi-trailers by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 150,370 | 2023 | +2.31% | +1.72% | View data |
| 2 | 2 Italy | 15,840 | 2023 | +1.8% | +0.88% | View data |
| 3 | 3 France | 13,430 | 2023 | -0.29% | +0.12% | View data |
| 4 | 4 Spain | 13,340 | 2023 | +1.72% | +1.6% | View data |
| 5 | 5 Slovakia | 4,810 | 2023 | +4.07% | +7.21% | View data |
| 6 | 6 Austria | 4,440 | 2023 | +1.45% | +1.24% | View data |
| 7 | 7 Netherlands | 3,250 | 2023 | +2.59% | +1.96% | View data |
| 8 | 8 Belgium | 2,190 | 2023 | -1.72% | -2.04% | View data |
| 9 | 9 Slovenia | 856 | 2023 | +2.74% | +2.56% | View data |
| 10 | 10 Finland | 818 | 2023 | +3.02% | +2.11% | View data |
