Eastern Europe: Motorised Invalid Carriage Market 2024

Motorised Invalid Carriage Market Size in Eastern Europe

The East European motorised invalid carriage market shrank to $X.2B in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a slight decline. As a result, consumption reached the peak level of $X.7B. From 2019 to 2022, the growth of the market remained at a lower figure.

Motorised Invalid Carriage Production in Eastern Europe

In value terms, motorised invalid carriage production dropped to $X.3B in 2022 estimated in export price. Overall, production recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Motorised Invalid Carriage Exports

Exports in Eastern Europe

For the fourth consecutive year, Eastern Europe recorded growth in overseas shipments of invalid carriages motorised or mechanically propelled, which increased by X% to X units in 2022. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2020 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, motorised invalid carriage exports soared to $X in 2022. Overall, exports recorded prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland prevails in exports structure, reaching X units, which was near X% of total exports in 2022. Russia (X units) took a minor share of total exports.

Poland was also the fastest-growing in terms of the invalid carriages motorised or mechanically propelled exports, with a CAGR of X% from 2012 to 2022. Russia (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Poland ($X) remains the largest motorised invalid carriage supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per unit), while Russia totaled $X per unit.

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

Motorised Invalid Carriage Imports

Imports in Eastern Europe

Motorised invalid carriage imports declined to X units in 2022, which is down by X% compared with the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, motorised invalid carriage imports shrank to $X in 2022. In general, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Poland (X units), distantly followed by Hungary (X units), Russia (X units), the Czech Republic (X units), Ukraine (X units), Moldova (X units) and Romania (X units) were the major importers of invalid carriages motorised or mechanically propelled, together achieving X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorised invalid carriage importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined X% share of total imports.

Among the main importing countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, waning by X% against the previous year. Import price indicated a slight increase from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Moldova ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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