The European export of road wheels and related parts reveals varied trends across countries. Germany leads in volume but experienced a slight decline in 2023. Growth was substantial in France, Ireland, and Estonia, while Belgium and Sweden faced noteworthy downturns. Steady increases were visible in Spain, Italy, and the Netherlands, indicating potential emerging strengths. Meanwhile, smaller markets like Latvia and Finland showed promising increases, albeit from low bases. The broader trend suggests resilience in certain markets, even with hurdles in others.
Looking ahead, the sector should watch for:
- Potential shifts in demand driven by electric and autonomous vehicle adoption.
- Impacts of economic factors such as supply chain disruptions and regulatory changes.
- Increased demand in countries showing growth momentum, such as Poland and Spain.
- Technological innovations and sustainability trends influencing manufacturing and export dynamics.
Top countries in Export of Road Wheels and Parts and Accessories Thereof by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 427,440,000 | 2023 | +6.4% | -2.1% | View data |
| 2 | 2 Poland | 235,170,000 | 2023 | +3.04% | +2.57% | View data |
| 3 | 3 Spain | 193,700,000 | 2023 | +8.08% | +5.83% | View data |
| 4 | 4 Italy | 183,110,000 | 2023 | +10.64% | +7.87% | View data |
| 5 | 5 Czechia | 111,300,000 | 2022 | |||
| 6 | 6 Austria | 68,641,000 | 2023 | +4.23% | -2.57% | View data |
| 7 | 7 Hungary | 64,047,000 | 2023 | +2.37% | +3.23% | View data |
| 8 | 8 Netherlands | 55,362,000 | 2023 | +2.14% | +4.41% | View data |
| 9 | 9 Belgium | 52,694,000 | 2023 | -4% | -8.32% | View data |
| 10 | 10 Luxembourg | 51,298,000 | 2023 | +5.17% | -0.58% | View data |