EU: Baby Carriage Market 2024

Baby Carriage Market Size in the EU

The EU baby carriage market surged to $X in 2022, increasing by 23% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Baby Carriage Production in the EU

In value terms, baby carriage production expanded modestly to $X in 2022 estimated in export price. In general, production, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by 11%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Baby Carriage Exports

Exports in the EU

Baby carriage exports contracted to X units in 2022, waning by -15% against the previous year. In general, exports saw a noticeable curtailment. The pace of growth was the most pronounced in 2016 with an increase of 6.2% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, baby carriage exports declined to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 8.5% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Poland (X units), the Netherlands (X units) and Germany (X units) represented the main exporter of baby carriages in the European Union, achieving 65% of total export. It was distantly followed by Italy (X units), making up an 11% share of total exports. Sweden (X units), Romania (X units), France (X units), Bulgaria (X units), Spain (X units), Austria (X units) and Lithuania (X units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +11.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 67% share of total exports. Italy, Sweden, Romania, France, Austria, Spain, Lithuania and Bulgaria lagged somewhat behind, together accounting for a further 27%.

Among the main exporting countries, Austria, with a CAGR of +17.0%, saw the highest rates of growth with regard to the value of exports, 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, surging by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2017 an increase of 10%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.4%), while the other leaders experienced more modest paces of growth.

Baby Carriage Imports

Imports in the EU

In 2022, overseas purchases of baby carriages decreased by -2.8% to X units, falling for the fifth year in a row after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 13% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, baby carriage imports dropped slightly to $X in 2022. The total import value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 12% against the previous year. The level of import peaked at $X in 2021, and then shrank slightly in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), France (X units), Spain (X units), Poland (X units) and Italy (X units) were the largest importers of baby carriages, together generating 75% of total imports. The following importers - Belgium (X units), Sweden (X units), Austria (X units), Romania (X units), the Czech Republic (X units), Bulgaria (X units) and Denmark (X units) - together made up 16% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +7.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined 48% share of total imports. Poland, Spain, Italy, Austria, the Czech Republic, Sweden, Denmark, Belgium, Romania and Bulgaria lagged somewhat behind, together comprising a further 42%.

Among the main importing countries, Romania, with a CAGR of +7.8%, recorded the highest rates of growth with regard to 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

The import price in the European Union stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 when the import price increased by 13% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 the Czech Republic ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform