EU: Motorised Invalid Carriage Market 2024

Motorised Invalid Carriage Market Size in the EU

In 2022, the EU motorised invalid carriage market decreased by X% to $X, falling for the fourth year in a row after three years of growth. Over the period under review, consumption showed a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Motorised Invalid Carriage Production in the EU

In value terms, motorised invalid carriage production fell remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Motorised Invalid Carriage Exports

Exports in the EU

For the fourth consecutive year, the European Union recorded growth in shipments abroad of invalid carriages motorised or mechanically propelled, which increased by X% to X units in 2022. Total exports indicated a buoyant 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 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, motorised invalid carriage exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Belgium (X units), Germany (X units), the Netherlands (X units), Poland (X units) and Sweden (X units) represented roughly X% of total exports in 2022. Spain (X units) and Italy (X units) followed a long way behind the leaders.

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

In value terms, the largest motorised invalid carriage supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Sweden ($X), together comprising X% of total exports. Poland, Italy, Spain and Belgium lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, which is down by X% against the previous year. In general, the export price showed a noticeable slump. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Italy ($X per unit), while Belgium ($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 more modest paces of growth.

Motorised Invalid Carriage Imports

Imports in the EU

In 2022, approx. X units of invalid carriages motorised or mechanically propelled were imported in the European Union; jumping by X% against the previous year's figure. 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 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, motorised invalid carriage imports totaled $X in 2022. Total imports indicated a perceptible 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Belgium (X units) and the Netherlands (X units) represented the major importers of invalid carriages motorised or mechanically propelled in 2022, resulting at approx. X% and X% of total imports, respectively. It was distantly followed by France (X units), Spain (X units), Germany (X units) and Italy (X units), together making up a X% share of total imports. The following importers - Poland (X units), Sweden (X units), Hungary (X units), Ireland (X units) and Denmark (X units) - together made up X% of total imports.

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

In value terms, France ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Spain, Belgium, Italy, Sweden, Poland, Ireland, Denmark and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 the European Union amounted to $X per unit, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then fell in the following year.

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 Germany ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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