EU: Automotive Lighting Market 2024

Automotive Lighting Market Size in the EU

In 2022, after five years of growth, there was significant decline in the EU automotive lighting market, when its value decreased by X% to $X. Overall, consumption, however, showed resilient growth. The level of consumption peaked at $X in 2021, and then fell in the following year.

Automotive Lighting Production in the EU

In value terms, automotive lighting production rose modestly to $X in 2022 estimated in export price. The total output value 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 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Automotive Lighting Exports

Exports in the EU

In 2022, shipments abroad of automotive lighting increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, automotive lighting exports shrank to $X in 2022. The total export value increased at an average annual rate of X% over the period 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 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units), Germany (X units), Slovakia (X units), Poland (X units), Spain (X units), France (X units), Austria (X units), Romania (X units), Italy (X units), Slovenia (X units) and the Netherlands (X units) represented roughly X% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest automotive lighting supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($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 Germany stood at X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Slovakia (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price, however, recorded a buoyant increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Automotive Lighting Imports

Imports in the EU

In 2022, purchases abroad of automotive lighting increased by X% to X units, rising for the second consecutive year after two years of decline. 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 in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, automotive lighting imports contracted slightly to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then reduced slightly in the following year.

Imports by Country

Germany represented the major importer of automotive lighting in the European Union, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Spain (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Italy (X%), the Netherlands (X%), Slovakia (X%), Belgium (X%) and Poland (X%). The following importers - the Czech Republic (X units), Sweden (X units), Austria (X units), Hungary (X units) and Portugal (X units) - together made up X% of total imports.

Germany experienced a relatively flat trend pattern with regard to volume of imports of automotive lighting. At the same time, Portugal (X%), Italy (X%), Spain (X%), Hungary (X%), Poland (X%), the Netherlands (X%), Austria (X%), the Czech Republic (X%), France (X%), Belgium (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. From 2012 to 2022, the share of Spain, Italy, Poland and the Netherlands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported automotive lighting in the European Union, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, remaining stable 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 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 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 Hungary ($X per unit), while Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :