Europe: Non-Propelled Vehicle Market 2024

Non-Propelled Vehicle Market Size in Europe

For the third year in a row, the Europe non-propelled vehicle market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption saw a abrupt decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Non-Propelled Vehicle Production in Europe

In value terms, non-propelled vehicle production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible decline. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Non-Propelled Vehicle Exports

Exports in Europe

In 2022, non-propelled vehicle exports in Europe contracted to X units, waning by X% against the previous year. The total export volume 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 in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then reduced in the following year.

In value terms, non-propelled vehicle exports reached $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 most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

Germany represented the main exporter of vehicles not mechanically propelled in Europe, with the volume of exports reaching X units, which was near X% of total exports in 2022. Poland (X units) ranks second in terms of the total exports with a X% share, followed by the Netherlands (X%), the Czech Republic (X%) and France (X%). The following exporters - Belgium (X units), Italy (X units), Sweden (X units), Finland (X units), Spain (X units), the UK (X units) and Romania (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-propelled vehicle exports from Germany stood at X%. At the same time, Spain (X%), Belgium (X%), Poland (X%), the Netherlands (X%), Finland (X%), the Czech Republic (X%), France (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, Romania (X%) and the UK (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Poland and Belgium 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, Germany ($X) remains the largest non-propelled vehicle supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Poland, with an X% share.

In Germany, non-propelled vehicle exports expanded 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 Poland (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

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

Non-Propelled Vehicle Imports

Imports in Europe

After six years of growth, overseas purchases of vehicles not mechanically propelled decreased by X% to X units in 2022. 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then dropped in the following year.

In value terms, non-propelled vehicle imports rose modestly to $X in 2022. Total imports indicated a resilient 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of non-propelled vehicle imports in 2022 were Germany (X units), the UK (X units), France (X units), the Netherlands (X units), Russia (X units), Belgium (X units), Italy (X units), Spain (X units), Switzerland (X units), Sweden (X units), Poland (X units) and Austria (X units), together recording X% of total import. Norway (X units) held a minor share of total imports.

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

In value terms, Germany ($X), the UK ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Netherlands, Italy, Spain, Belgium, Sweden, Switzerland, Austria, Poland, Norway and Russia 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, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Austria ($X per unit), while Russia ($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.

Source: IndexBox Platform

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