EU: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in the EU

The EU inflator system airbag market totaled $X in 2022, stabilizing at the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +53.4% against 2014 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Inflator System Airbag Production in the EU

In value terms, inflator system airbag production expanded modestly to $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Inflator System Airbag Exports

Exports in the EU

After three years of decline, overseas shipments of airbags with inflator system and parts thereof increased by 1.4% to X tons in 2022. Total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.4% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of 17%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, inflator system airbag exports dropped to $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 14%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Romania (X tons), Poland (X tons) and Germany (X tons) was the major exporter of airbags with inflator system and parts thereof in the European Union, making up 60% of total export. Hungary (X tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Portugal (10%) and France (5.2%). The Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hungary (with a CAGR of +95.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 61% share of total exports. Hungary, France, Portugal and the Czech Republic lagged somewhat behind, together comprising a further 30%.

Hungary, with a CAGR of +83.3%, saw the highest growth rate of the value of exports, in terms of 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

The export price in the European Union stood at $X per ton in 2022, which is down by -7.6% against the previous year. Over the period under review, the export price showed a mild curtailment. The pace of growth appeared the most rapid in 2021 an increase of 6.6%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 Germany ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the other leaders experienced a decline in the export price figures.

Inflator System Airbag Imports

Imports in the EU

In 2022, approx. X tons of airbags with inflator system and parts thereof were imported in the European Union; reducing by -1.8% against 2021 figures. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.8% 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 +8.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 23%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, inflator system airbag imports reduced to $X in 2022. Total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +1.7% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 18%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons) and Germany (X tons) were the key importers of airbags with inflator system and parts thereof in 2022, amounting to near 23% and 21% of total imports, respectively. Hungary (X tons) held the next position in the ranking, followed by Spain (X tons), Romania (X tons), the Czech Republic (X tons) and France (X tons). All these countries together held near 43% share 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 Hungary (with a CAGR of +42.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Hungary ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 56% of total imports.

Hungary, with a CAGR of +32.0%, recorded the highest growth rate of the value of imports, among 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 the European Union stood at $X per ton in 2022, waning by -2.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2016 when the import price increased by 5.8%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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