Europe: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Europe

The Europe market for motor vehicle chassis fitted with engines rose modestly to $X in 2022, surging by X% against the previous year. In general, consumption saw a mild reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Europe

In value terms, production of motor vehicle chassis fitted with engines rose markedly to $X in 2022 estimated in export price. Overall, production showed a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports in Europe

In 2022, the amount of motor vehicle chassis fitted with engines exported in Europe skyrocketed to X units, with an increase of X% on the year before. Over the period under review, exports, however, continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of motor vehicle chassis fitted with engines shrank to $X in 2022. Overall, exports, however, recorded a deep downturn. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

The UK was the main exporting country with an export of around X units, which recorded X% of total exports. Lithuania (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (X%) and Luxembourg (X%). France (X units), Poland (X units), the Netherlands (X units), Italy (X units), Germany (X units), Spain (X units) and Russia (X units) took a relatively small share of total exports.

The UK experienced a relatively flat trend pattern with regard to volume of exports of motor vehicle chassis fitted with engines. At the same time, Luxembourg (X%), Russia (X%), Poland (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Italy (X%), Sweden (X%), Lithuania (X%), France (X%), Germany (X%) and Spain (X%) illustrated a downward trend over the same period. While the share of the UK (X p.p.), Luxembourg (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (X p.p.), Germany (X p.p.), France (X p.p.), Lithuania (X p.p.) and Spain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Sweden, exports of motor vehicle chassis fitted with engines plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 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 Sweden ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports in Europe

In 2022, overseas purchases of motor vehicle chassis fitted with engines increased by X% to X units, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of motor vehicle chassis fitted with engines reduced slightly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid 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

The UK was the largest importer of motor vehicle chassis fitted with engines in Europe, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. The Netherlands (X units) held the second position in the ranking, followed by Germany (X units), Italy (X units) and Spain (X units). All these countries together held approx. X% share of total imports. France (X units), Slovenia (X units), Denmark (X units), Luxembourg (X units), Belarus (X units), Sweden (X units), Slovakia (X units) and Belgium (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle chassis fitted with engines imports into the UK stood at X%. At the same time, Sweden (X%), Luxembourg (X%), Germany (X%), Italy (X%), the Netherlands (X%), Slovakia (X%), Belgium (X%), Denmark (X%) and Spain (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Slovenia and Belarus experienced a relatively flat trend pattern. By contrast, France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Germany, Italy, Spain, Luxembourg, Denmark and Sweden increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest motor vehicle chassis fitted with engines importing markets in Europe were Germany ($X), Denmark ($X) and the UK ($X), with a combined X% share of total imports. Spain, France, Slovenia, the Netherlands, Slovakia, Belgium, Italy, Belarus, Luxembourg and Sweden lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 Europe amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per unit), while Sweden ($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