In 2023, Germany dominated the European market for trailer parts, contributing 31.29% of total production value. Italy, the United Kingdom, and Spain followed with shares of 10.5%, 7.68%, and 7.57% respectively. The Netherlands showcased a notable increase with a growth rate of 6.17%, while Sweden exhibited a significant growth of 12.47%. Conversely, countries like Slovakia, Portugal, and Greece experienced substantial declines, with decreases of 10.71%, 44.56%, and 26.0% respectively. Remarkably, Romania and Bulgaria saw the most significant gains at 21.42% and 16.04%.
Future trends indicate that attention should be directed towards emerging markets demonstrating rapid growth, such as Romania and Bulgaria. Assessing the sustainability of growth in the Netherlands and Sweden will be crucial. Monitoring declines in countries like Slovakia, Portugal, and Greece for recovery signals could provide insights into rebalancing the European market landscape.
Top countries in Sold Production of Trailers, Semi-Trailers and Other Vehicles Not Mechanically Propelled Parts Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.29 | 2023 | +5.56% | +0.97% | View data |
| 2 | 2 Italy | 10.5 | 2023 | +5.42% | +0.65% | View data |
| 3 | 3 United Kingdom | 7.68 | 2023 | +0.017% | +0.96% | View data |
| 4 | 4 Spain | 7.57 | 2023 | +7.22% | +2.01% | View data |
| 5 | 5 Netherlands | 7.32 | 2023 | +2.34% | +6.17% | View data |
| 6 | 6 Hungary | 4.85 | 2023 | +2.85% | +2.65% | View data |
| 7 | 7 Sweden | 4.4 | 2023 | +3.19% | +12.47% | View data |
| 8 | 8 Poland | 4.06 | 2023 | +2.34% | +4.72% | View data |
| 9 | 9 Norway | 3.8 | 2023 | +3.61% | -1.66% | View data |
| 10 | 10 France | 3.65 | 2023 | -4.13% | -1.47% | View data |
