In 2023, Germany held the largest share of European production in retail trade, excluding motor vehicles and motorcycles, at 34.68 million euros. Italy and Spain followed with 23.97 and 14.78 million euros, respectively. The Netherlands, Belgium, and Austria contributed smaller yet significant portions. The highest year-on-year growth in 2023 was observed in Slovakia (2.72%), Ireland (2.19%), and Estonia (2.55%), while Greece experienced a decline of -1.14%. Over the last five years, the sector has demonstrated steady growth with varying rates across countries.
Future trends to watch include:
- Increased digitization and e-commerce, which may boost retail productivity.
- Possible shifts in consumer behavior towards sustainable and local products, influencing country-specific production shares.
- Economic and policy changes within the EU affecting trade regulations and market access.
- Potential growth in emerging markets contributing to a more competitive landscape.
Top countries in Production of Retail Trade (Except of Motor Vehicles and Motorcycles) Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.68 | 2023 | +1.65% | +1.66% | View data |
| 2 | 2 Italy | 23.97 | 2023 | +1.24% | +1.66% | View data |
| 3 | 3 Spain | 14.78 | 2023 | +1.25% | +1.28% | View data |
| 4 | 4 Netherlands | 7.63 | 2023 | +1.61% | +1.52% | View data |
| 5 | 5 Belgium | 4.77 | 2023 | +0.88% | +0.83% | View data |
| 6 | 6 Austria | 4.25 | 2023 | +1.45% | +1.57% | View data |
| 7 | 7 Ireland | 2.78 | 2023 | +1.89% | +2.19% | View data |
| 8 | 8 Finland | 2.18 | 2023 | +1.34% | +1.38% | View data |
| 9 | 9 Greece | 1.87 | 2023 | -1.13% | -1.14% | View data |
| 10 | 10 Slovakia | 1.42 | 2023 | +2.37% | +2.72% | View data |
