Report Northern America - Motor Vehicles for Travelling on Snow or Golf Cars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 25, 2023

Northern America - Motor Vehicles for Travelling on Snow or Golf Cars - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Snow Motor Vehicle Market 2023

Snow Motor Vehicle Market Size in Northern America

For the tenth year in a row, the North American snow motor vehicle market recorded growth in sales value, which increased by 44% to $X in 2021. Overall, consumption enjoyed a significant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Snow Motor Vehicle Production in Northern America

In value terms, snow motor vehicle production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 19%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Snow Motor Vehicle Exports

Exports in Northern America

In 2021, shipments abroad of motor vehicles for travelling on snow or golf cars increased by 11% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a noticeable shrinkage. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, snow motor vehicle exports surged to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States was the key exporting country with an export of around X units, which accounted for 76% of total exports. It was distantly followed by Canada (X units), making up a 24% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to snow motor vehicle exports from the United States stood at -3.8%. At the same time, Canada (+1.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +1.2% from 2012-2021. Canada (+7.4 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -7.4% from 2012 to 2021, respectively.

In value terms, the United States ($X) and Canada ($X) were the countries with the highest levels of exports in 2021.

Canada, with a CAGR of +4.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, picking up by 8.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.0%).

Snow Motor Vehicle Imports

Imports in Northern America

In 2021, supplies from abroad of motor vehicles for travelling on snow or golf cars increased by 51% to X units, rising for the fifth year in a row after three years of decline. Overall, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, snow motor vehicle imports surged to $X in 2021. Over the period under review, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the largest importer of motor vehicles for travelling on snow or golf cars in Northern America, with the volume of imports accounting for X units, which was approx. 84% of total imports in 2021. It was distantly followed by Canada (X units), making up a 16% share of total imports.

The United States was also the fastest-growing in terms of the motor vehicles for travelling on snow or golf cars imports, with a CAGR of +16.1% from 2012 to 2021. Canada experienced a relatively flat trend pattern. While the share of the United States (+27 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-26.7 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported motor vehicles for travelling on snow or golf cars in Northern America, comprising 84% of total imports. The second position in the ranking was held by Canada ($X), with a 16% share of total imports.

In the United States, snow motor vehicle imports increased at an average annual rate of +14.4% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, with a decrease of -9% against the previous year. Overall, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2015 an increase of 7.5% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.5%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for motor vehicles for travelling on snow or golf cars in Northern America?
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The United States constituted the country with the largest volume of snow motor vehicle consumption, accounting for 91% of total volume. Moreover, snow motor vehicle consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.
What are the largest producers of motor vehicles for travelling on snow or golf cars in Northern America?
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The United States constituted the country with the largest volume of snow motor vehicle production, comprising approx. 100% of total volume.
What are the leading suppliers of motor vehicles for travelling on snow or golf cars in Northern America?
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In value terms, the United States and Canada constituted the countries with the highest levels of exports in 2021.
What are the leading importers of motor vehicles for travelling on snow or golf cars in Northern America?
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In value terms, the United States constitutes the largest market for imported motor vehicles for travelling on snow or golf cars in Northern America, comprising 84% of total imports. The second position in the ranking was held by Canada, with a 16% share of total imports.
What is the average export price for motor vehicles for travelling on snow or golf cars in Northern America?
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The export price in Northern America stood at $7,140 per unit in 2021, rising by 8.9% against the previous year.
What is the average import price for motor vehicles for travelling on snow or golf cars in Northern America?
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The import price in Northern America stood at $6,363 per unit in 2021, falling by -9% against the previous year.

This report provides an in-depth analysis of the snow motor vehicle market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles
Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• United States
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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