In 2023, European turnover of radio broadcasting exhibited mixed trends. France led with €33.69 million but faced a -4.08% decline. The UK followed at €16.12 million, also dropping by -2.75%. Despite minor dips, Spain and Italy showed stability. Germany and Poland recorded significant drops at -15.58% and -16.68%, respectively. Conversely, Austria, Denmark, Portugal, Romania, Lithuania, Serbia, Iceland, and Slovakia observed positive growth.
Future trends to watch include the decline in major markets like France, the UK, Germany, and Poland. Simultaneously, emerging markets like Denmark, Portugal, Romania, and Serbia may see growth, driven by digital innovation and audience engagement strategies.
Top countries in Turnover of Radio Broadcasting Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 33.69 | 2023 | +8.57% | -4.08% | View data |
| 2 | 2 United Kingdom | 16.12 | 2023 | -4.03% | -2.75% | View data |
| 3 | 3 Spain | 13.45 | 2023 | +4.28% | -0.26% | View data |
| 4 | 4 Germany | 10 | 2023 | -28.09% | -15.58% | View data |
| 5 | 5 Poland | 6.01 | 2023 | +0.86% | -16.68% | View data |
| 6 | 6 Italy | 5.6 | 2023 | -4.19% | -2.4% | View data |
| 7 | 7 Austria | 2.06 | 2023 | +0.65% | +1.52% | View data |
| 8 | 8 Denmark | 1.77 | 2023 | +0.51% | +4.97% | View data |
| 9 | 9 Portugal | 1.66 | 2023 | +7.96% | +3.41% | View data |
| 10 | 10 Belgium | 1.49 | 2023 | +2.93% | -4.95% | View data |
