In 2023, Poland dominated the European market for passenger cars with an unloaded weight of at most 999 kg, holding a 29.9% share, followed by France and Spain with 23.3% and 21.94%, respectively. Most major markets experienced declines, with significant contractions in Poland, France, and Hungary by 0.8%, 1.86%, and 1.98%, respectively. Smaller markets like Latvia and Malta saw substantial dips, with Latvia experiencing a 35.58% downturn. Portugal notably bucked the trend with a growth of 3.54%.
Future trends to watch include potential shifts towards lighter, more energy-efficient vehicles driven by environmental regulations and technological advancements. Countries investing in electric vehicles and incentives for eco-friendly cars may reshape their market shares.
Top countries in Number of Passenger Cars with an Unloaded Weight of at Most 999 kg Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 29.9 | 2023 | -0.85% | -0.8% | View data |
| 2 | 2 France | 23.3 | 2023 | -1.87% | -1.86% | View data |
| 3 | 3 Spain | 21.94 | 2023 | -1.61% | -1.66% | View data |
| 4 | 4 Romania | 6.41 | 2023 | -1.97% | -1.76% | View data |
| 5 | 5 Denmark | 4.76 | 2023 | +0.78% | +0.84% | View data |
| 6 | 6 Hungary | 4.73 | 2023 | -2.09% | -1.98% | View data |
| 7 | 7 Austria | 2.4 | 2023 | -2.62% | -2.46% | View data |
| 8 | 8 Finland | 1.54 | 2023 | -1.57% | -1.48% | View data |
| 9 | 9 Croatia | 1.45 | 2023 | -4.06% | -3.82% | View data |
| 10 | 10 Switzerland | 1.07 | 2023 | -4.58% | -4.39% | View data |
