In 2023, the European wholesale (excluding motor vehicles and motorcycles) sector showed notable GVA growth. The Netherlands led with 82.17 billion euros, experiencing a 6.67% increase from the previous year. Spain, with a 3.52% rise, contributed 76.87 billion euros. Austria's growth was most pronounced at 8.75%, achieving a GVA of 33.0 billion euros. Belgium, Ireland, Latvia, Cyprus, and Malta also saw increases, indicating widespread sector vitality.
Future trends suggest that digitalization, supply chain optimization, and sustainability efforts will shape the European wholesale landscape. Countries may leverage technology to enhance efficiency, adapt to climate policies, and capitalize on emerging markets.
Top countries in Wholesale (Except of Motor Vehicles and Motorcycles) Gross Value Added by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 82,170 | 2023 | +5.88% | +6.67% | View data |
| 2 | 2 Spain | 76,870 | 2023 | +2.69% | +3.52% | View data |
| 3 | 3 Austria | 33,000 | 2023 | +10.35% | +8.75% | View data |
| 4 | 4 Belgium | 27,530 | 2023 | +1.82% | +2.23% | View data |
| 5 | 5 Ireland | 15,880 | 2023 | +2.77% | +4.29% | View data |
| 6 | 6 Latvia | 2,130 | 2023 | +2.97% | +4.47% | View data |
| 7 | 7 Cyprus | 1,000 | 2023 | +2.06% | +2.26% | View data |
| 8 | 8 Malta | 590.8 | 2023 | +6.89% | +2.6% | View data |