Eastern Europe: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in Eastern Europe

After two years of growth, the East European snow motor vehicle market decreased by X% to $X in 2022. In general, consumption saw a pronounced downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Snow Motor Vehicle Production in Eastern Europe

In value terms, snow motor vehicle production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Snow Motor Vehicle Exports

Exports in Eastern Europe

For the third year in a row, Eastern Europe recorded growth in overseas shipments of motor vehicles for travelling on snow or golf cars, which increased by X% to X units in 2022. In general, exports showed prominent growth. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, snow motor vehicle exports skyrocketed to $X in 2022. Overall, exports recorded strong growth. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland represented the key exporting country with an export of about X units, which finished at X% of total exports. Slovakia (X units) ranks second in terms of the total exports with an X% share, followed by Lithuania (X%) and Romania (X%). The Czech Republic (X units), Russia (X units) and Ukraine (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to snow motor vehicle exports from Poland stood at X%. At the same time, Ukraine (X%), Romania (X%), Lithuania (X%), the Czech Republic (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.), Lithuania (X p.p.), Romania (X p.p.), the Czech Republic (X p.p.) and Ukraine (X p.p.) significantly strengthened its position in terms of the total exports, while Slovakia and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest snow motor vehicle supplying countries in Eastern Europe were Slovakia ($X), Ukraine ($X) and Poland ($X), with a combined X% share of total exports.

Among the main exporting countries, Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, reducing by X% against the previous year. In general, the export price recorded a noticeable reduction. The pace of growth was the most pronounced in 2015 when the export price increased by X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Snow Motor Vehicle Imports

Imports in Eastern Europe

In 2022, overseas purchases of motor vehicles for travelling on snow or golf cars decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, snow motor vehicle imports fell notably to $X in 2022. Over the period under review, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia dominates imports structure, recording X units, which was near X% of total imports in 2022. Poland (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%) and the Czech Republic (X%). The following importers - Romania (X units), Bulgaria (X units) and Lithuania (X units) - together made up X% of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Lithuania (X%), Bulgaria (X%), the Czech Republic (X%), Poland (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Poland (X p.p.), the Czech Republic (X p.p.), Romania (X p.p.), Bulgaria (X p.p.), Hungary (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported motor vehicles for travelling on snow or golf cars in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Romania (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a lower figure.

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 Romania ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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