Global Motorised Invalid Carriage Market 2024

Motorised Invalid Carriage Market Size

The global motorised invalid carriage market declined modestly to $X.9B in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X.9B. From 2019 to 2022, the growth of the global market remained at a lower figure.

Motorised Invalid Carriage Production

In value terms, motorised invalid carriage production declined to $X.9B in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X.7B. From 2019 to 2022, global production growth remained at a lower figure.

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Motorised Invalid Carriage Exports

Exports

Global motorised invalid carriage exports soared to X units in 2022, jumping by X% compared with 2021. In general, total exports indicated a prominent 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, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorised invalid carriage exports soared to $X in 2022. Overall, total exports indicated a buoyant 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 reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Taiwan (Chinese) (X units), the United Arab Emirates (X units) and the UK (X units), together mixing up a X% share of total exports. The following exporters - Belgium (X units), Singapore (X units), Germany (X units), Thailand (X units), the Netherlands (X units), Poland (X units) and the United States (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to motorised invalid carriage exports from China stood at X%. At the same time, the United Arab Emirates (X%), Singapore (X%), Belgium (X%), Poland (X%), Thailand (X%), the UK (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%), the United States (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Belgium, Singapore, the UK, Thailand and Poland increased by 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, China ($X) remains the largest motorised invalid carriage supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average motorised invalid carriage export price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 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 the Netherlands ($X per unit), while Singapore ($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 global leaders experienced more modest paces of growth.

Motorised Invalid Carriage Imports

Imports

In 2022, the amount of invalid carriages motorised or mechanically propelled imported worldwide expanded markedly to X units, with an increase of X% on the previous year's figure. The total import 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 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, motorised invalid carriage imports expanded rapidly to $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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units), distantly followed by India (X units), the UK (X units), Canada (X units) and the Philippines (X units) were the key importers of invalid carriages motorised or mechanically propelled, together creating X% of total imports. Belgium (X units), Australia (X units), the Netherlands (X units), France (X units), Singapore (X units), Turkey (X units), Mexico (X units) and Spain (X units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%), the Philippines (X%), Mexico (X%), Spain (X%), Canada (X%), Singapore (X%), Australia (X%), the Netherlands (X%), India (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The UK experienced a relatively flat trend pattern. By contrast, France (X%) illustrated a downward trend over the same period. The Philippines (X p.p.), Belgium (X p.p.) and Canada (X p.p.) significantly strengthened its position in terms of the global imports, while France, the United States and the UK saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported invalid carriages motorised or mechanically propelled worldwide, comprising X% of global imports. The second position in the ranking was taken by the UK ($X), with an X% share of global imports. It was followed by Australia, with a X% share.

In the United States, motorised invalid carriage imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the UK (X% per year) and Australia (X% per year).

Import Prices by Country

The average motorised invalid carriage import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while the Philippines ($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 global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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