Europe: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in Europe

The Europe snow motor vehicle market was estimated at $X in 2022, approximately equating the previous year. The total consumption indicated measured growth 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, consumption increased by X% against 2016 indices. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Snow Motor Vehicle Production in Europe

In value terms, snow motor vehicle production expanded sharply to $X in 2022 estimated in export price. The total production indicated a tangible expansion 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, production increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is likely to see gradual growth in years to come.

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

Snow Motor Vehicle Exports

Exports in Europe

In 2022, overseas shipments of motor vehicles for travelling on snow or golf cars increased by X% to X units, rising for the second year in a row after three years of decline. The total export 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% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, snow motor vehicle exports surged to $X in 2022. Total exports indicated a tangible 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Finland (X units) and the Netherlands (X units) represented roughly X% of total exports in 2022. Germany (X units) ranks next in terms of the total exports with an X% share, followed by the UK (X%), Belgium (X%) and Poland (X%). Denmark (X units) followed a long way behind the leaders.

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

In value terms, Finland ($X) remains the largest snow motor vehicle supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

In Finland, snow motor vehicle exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 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 Finland ($X per unit), while the UK ($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 UK (X%), while the other leaders experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports in Europe

In 2022, snow motor vehicle imports in Europe stood at X units, with an increase of X% against the previous year's figure. Total imports indicated a temperate increase from 2012 to 2022: its volume 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 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, snow motor vehicle imports stood at $X in 2022. The total import value 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 pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

The UK was the major importing country with an import of about X units, which finished at X% of total imports. Germany (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%), the Netherlands (X%), Sweden (X%) and Spain (X%). Belgium (X units), Italy (X units), Norway (X units), France (X units), Denmark (X units) and Poland (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to snow motor vehicle imports into the UK stood at X%. At the same time, Spain (X%), Poland (X%), Germany (X%), Sweden (X%), Denmark (X%), the Netherlands (X%) and Norway (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, Russia (X%), Belgium (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Spain and the UK 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, Sweden ($X), Russia ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Norway, Germany, Italy, the Netherlands, Spain, France, Belgium, Denmark and Poland lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Europe stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat 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 Norway ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :