Germany leads the European market in motor vehicle parts production, holding over 17% of the share. In 2023, Germany saw a growth of 3.58%, while Italy experienced a slight decline, marking -0.22%. Notable increases include Bulgaria's remarkable 30.82% and Romania's 9.1% rise in production. France faced an 11.4% decrease, significantly impacting its share. Small markets such as Finland and Slovenia witnessed declines over 12%. Going forward, dynamic industry shifts could occur due to advancements in green technology and evolving supply chains. Monitoring Germany's market adaptation, Italy's recovery, and emerging contributions from Central European countries will be crucial.
Top countries in Sold Production of Motor Vehicle Parts and Accessories Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.04 | 2023 | +6.81% | +3.58% | View data |
| 2 | 2 Italy | 15.71 | 2023 | +4.49% | -0.22% | View data |
| 3 | 3 Spain | 12.31 | 2023 | +5.31% | +1.12% | View data |
| 4 | 4 Czechia | 11.76 | 2023 | |||
| 5 | 5 Poland | 9.9 | 2023 | +2.66% | +0.86% | View data |
| 6 | 6 Slovakia | 6.51 | 2023 | +5.12% | +2.92% | View data |
| 7 | 7 Sweden | 4.82 | 2023 | +6.64% | +0.43% | View data |
| 8 | 8 France | 4.33 | 2023 | +3.98% | -11.4% | View data |
| 9 | 9 Hungary | 3.81 | 2023 | +1.57% | +1.87% | View data |
| 10 | 10 Austria | 3.25 | 2023 | +3.73% | -1.25% | View data |
