Snow Motor Vehicle Market

Snow motor vehicle market: read recently published statistics featured by an Ai-driven market research platform. Datasets contain market size, consumption, exports, trade, companies, production, market prices, and imports. There is a breakdown by country, including the Middle East, China, Africa, Russia, the U.K., EU, the U.S., and Latin America. Market insights and forecast to 2030 are also provided in the reports.

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Snow Motor Vehicle - World's Largest Markets

Rating	Country
1	United States
2	China
3	Taiwan (Chinese)
4	Finland
5	Iran

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by Taiwan (Chinese).

From 2018 to 2020, the average annual rate of growth in terms of value in the United States stood at +222.3%. The remaining consuming countries recorded the following average annual rates of market growth: China (+2.1% per year) and Taiwan (Chinese) (+272.4% per year).

Snow Motor Vehicle Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Taiwan (Chinese)	1022	1128	1096	3.5%
China	1817	811	1430	-11.3%
Netherlands	2260	2147	1727	-12.6%
Germany	3889	3960	3168	-9.7%
Japan	4128	4128	5452	14.9%
United States	5772	5477	6429	5.5%
Canada	9130	7205	7224	-11.0%
Average	3205	2731	3832	9.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($7,224 per unit), while Taiwan (Chinese) ($1,096 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
United States	9350	9358	7199	-12.3%
Canada	5073	5048	6227	10.8%
Iran	3438	4394	4708	17.0%
Morocco	2641	2786	2547	-1.8%
Germany	1211	1424	1813	22.3%
Netherlands	407	851	1499	91.9%
Mexico	1072	1072	1265	8.6%
United Kingdom	848	821	1167	17.3%
France	1704	1659	1136	-18.3%
United Arab Emirates	1209	1209	754	-21.0%
Spain	627	573	740	8.6%
Belgium	801	747	648	-10.1%
Italy	769	483	645	-8.4%
Average	3109	3352	3563	7.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($7,199 per unit), while Italy ($645 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+91.9% per year), while the other global leaders experienced more modest paces of growth.

Snow Motor Vehicle - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	1	1.2	1.2	12.0%
Canada	0.2	0.2	0.2	-0.1%
Iran	0.001732121	0.000175112	0.1	764.9%
Netherlands	0.02	0.02	0.1	147.2%
Morocco	0.00171473	0.00171473	0.07	541.0%

In value terms, the United States ($1.2B) constitutes the largest market for imported motor vehicles for travelling on snow or golf cars worldwide, comprising 50% of global imports. The second position in the ranking was occupied by Canada ($236M), with a 9.6% share of global imports. It was followed by Iran, with a 5.2% share.

In the United States, snow motor vehicle imports expanded at an average annual rate of +12.0% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Canada (-0.1% per year) and Iran (+764.9% per year).

Snow Motor Vehicle - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.6	0.5	0.4	-10.9%
Japan	0.03	0.03	0.2	156.2%
Canada	0.2	0.2	0.2	-1.1%
China	0.2	0.2	0.1	-27.7%
Taiwan (Chinese)	0.1	0.06	0.05	-30.6%

In value terms, the United States ($439M), Japan ($228M) and Canada ($224M) were the countries with the highest levels of exports in 2020, together accounting for 75% of global exports.

Among the main exporting countries, Japan (+156.2% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Snow Motor Vehicle - Market Forecast

The snow motor vehicle market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -7.2% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.