Benelux: Non-Propelled Vehicle Market 2024

Non-Propelled Vehicle Market Size in Benelux

The Benelux non-propelled vehicle market contracted slightly to $X in 2022, leveling off at the previous year. Over the period under review, consumption, however, showed a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Propelled Vehicle Production in Benelux

In value terms, non-propelled vehicle production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt decline. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Non-Propelled Vehicle Exports

Exports in Benelux

In 2022, approx. X units of vehicles not mechanically propelled were exported in Benelux; reducing by X% on the year before. Total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-propelled vehicle exports shrank to $X in 2022. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

The Netherlands was the main exporter of vehicles not mechanically propelled in Benelux, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Belgium (X units), achieving a X% share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest non-propelled vehicle supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to X%.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Non-Propelled Vehicle Imports

Imports in Benelux

After two years of growth, supplies from abroad of vehicles not mechanically propelled decreased by X% to X units in 2022. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked at X units in 2021, and then shrank modestly in the following year.

In value terms, non-propelled vehicle imports dropped to $X in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, the Netherlands (X units) and Belgium (X units) represented the key importer of vehicles not mechanically propelled in Benelux, comprising X% of total import.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

In value terms, the Netherlands ($X) constitutes the largest market for imported vehicles not mechanically propelled in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, non-propelled vehicle imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, reducing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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