In 2023, Germany maintained the highest share of European personal transport equipment expenditure at 23.24%, followed by the UK at 19.17%, demonstrating strong expenditure in these economies. Notably, Eastern European countries like Romania and Albania showcased significant growth with 7.77% and 9.9% increases respectively. Conversely, major economies like France and Spain saw slight declines.
Looking ahead, technological advancements and eco-friendly policies may drive expenditure shifts towards sustainable transport solutions. Cautious economic conditions might impact growth, but increased investment in green technologies could bolster expenditure in countries with proactive environmental strategies.
Top countries in Personal Transport Equipment Nominal Expenditure Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.24 | 2023 | +1.1% | +3.33% | View data |
| 2 | 2 United Kingdom | 19.17 | 2023 | +6.06% | +6.06% | View data |
| 3 | 3 France | 10.18 | 2023 | +1.07% | -1.68% | View data |
| 4 | 4 Italy | 9.74 | 2023 | +2.16% | +2.25% | View data |
| 5 | 5 Spain | 5.19 | 2023 | +1.58% | -3.57% | View data |
| 6 | 6 Poland | 3.64 | 2023 | +0.028% | +6.77% | View data |
| 7 | 7 Switzerland | 3.6 | 2023 | +0.007% | +6.5% | View data |
| 8 | 8 Netherlands | 3.45 | 2023 | +2.15% | +4.26% | View data |
| 9 | 9 Norway | 2.78 | 2023 | -2.79% | +5.98% | View data |
| 10 | 10 Sweden | 2.41 | 2023 | +2.05% | +5.83% | View data |
