Eastern Europe: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Eastern Europe

The East European market for motor vehicle chassis fitted with engines stood at $X in 2022, increasing by X% against the previous year. In general, consumption recorded a perceptible curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Eastern Europe

In value terms, production of motor vehicle chassis fitted with engines expanded to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports in Eastern Europe

In 2022, overseas shipments of motor vehicle chassis fitted with engines decreased by X% to X units, falling for the third year in a row after four years of growth. In general, exports showed a noticeable slump. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of motor vehicle chassis fitted with engines contracted to $X in 2022. Overall, exports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania was the major exporting country with an export of about X units, which finished at X% of total exports. Poland (X units) took the second position in the ranking, distantly followed by Russia (X units), Belarus (X units) and the Czech Republic (X units). All these countries together held near X% share of total exports. The following exporters - Hungary (X units) and Slovakia (X units) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle chassis fitted with engines exports from Lithuania stood at X%. At the same time, Russia (X%), Belarus (X%), Poland (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Russia and Belarus increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest motor vehicle chassis fitted with engines supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

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

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Slovakia ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

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

Imports of Motor Vehicle Chassis Fitted With Engines

Imports in Eastern Europe

In 2022, supplies from abroad of motor vehicle chassis fitted with engines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports of reached the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motor vehicle chassis fitted with engines rose rapidly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Belarus (X units) and Slovakia (X units) represented the largest importers of motor vehicle chassis fitted with engines in 2022, reaching near X% and X% of total imports, respectively. Romania (X units) ranks next in terms of the total imports with an X% share, followed by Poland (X%), Lithuania (X%), the Czech Republic (X%), Russia (X%) and Latvia (X%).

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Poland ($X) and Romania ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Slovakia, with a CAGR of X%, saw 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, with an increase of X% against the previous year. Import price indicated a mild expansion 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. Based on 2022 figures, import price for motor vehicle chassis fitted with engines increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform