Benelux: Market for Motor Vehicle Chassis Fitted With Engines 2025

Market Size for Motor Vehicle Chassis Fitted With Engines in Benelux

In 2022, the Benelux market for motor vehicle chassis fitted with engines increased by 35% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a perceptible decline. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Benelux

In value terms, production of motor vehicle chassis fitted with engines declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 77%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports in Benelux

In 2022, overseas shipments of motor vehicle chassis fitted with engines increased by 9.6% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 89%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of motor vehicle chassis fitted with engines fell notably to $X in 2022. In general, exports posted a moderate expansion. The growth pace was the most rapid in 2014 when exports increased by 191%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Luxembourg was the largest exporting country with an export of around X units, which recorded 71% of total exports. The Netherlands (X units) took the second position in the ranking, distantly followed by Belgium (X units). All these countries together held near 29% share of total exports.

Luxembourg was also the fastest-growing in terms of the motor vehicle chassis fitted with engines exports, with a CAGR of +45.3% from 2012 to 2022. At the same time, Belgium (+12.5%) displayed positive paces of growth. By contrast, the Netherlands (-4.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Luxembourg and Belgium increased by +66 and +1.7 percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest motor vehicle chassis fitted with engines supplier in Benelux, comprising 80% of total exports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total exports.

In the Netherlands, exports of motor vehicle chassis fitted with engines remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (+16.2% per year) and Luxembourg (+11.8% per year).

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, with a decrease of -37.7% against the previous year. Overall, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 when the export price increased by 265%. The level of export peaked 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 ($X per unit), while Luxembourg ($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 Netherlands (+6.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports in Benelux

Imports of motor vehicle chassis fitted with engines surged to X units in 2022, growing by 21% compared with 2021 figures. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 154% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of motor vehicle chassis fitted with engines expanded notably to $X in 2022. Overall, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 57% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

The Netherlands was the key importing country with an import of about X units, which accounted for 66% of total imports. It was distantly followed by Luxembourg (X units), constituting a 30% share of total imports. Belgium (X units) followed a long way behind the leaders.

Imports into the Netherlands increased at an average annual rate of +23.8% from 2012 to 2022. At the same time, Luxembourg (+47.7%) and Belgium (+1.8%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +47.7% from 2012-2022. While the share of Luxembourg (+25 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-2.8 p.p.) and Belgium (-22 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported motor vehicle chassis fitted with engines in Benelux, comprising 64% of total imports. The second position in the ranking was held by Belgium ($X), with a 27% share of total imports.

In the Netherlands, imports of motor vehicle chassis fitted with engines expanded at an average annual rate of +21.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (-5.8% per year) and Luxembourg (+10.0% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, shrinking by -5.6% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 55% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while Luxembourg ($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 Netherlands (-1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform