EU: Electric Racing Set Market 2020

Electric Racing Set Market Size in the EU

The revenue of the electric racing set market in the European Union amounted to $X in 2017, lowering by -X% against the previous year. The electric racing set consumption continues to indicate a drastic descent. The pace of growth was the most pronounced in 2008, when market value increased by X% year-to-year. Over the period under review, the electric racing set market attained its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Electric Racing Set Production in the EU

The electric racing set production stood at X units in 2017, growing by X% against the previous year. The electric racing set production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the electric racing set production reached its maximum volume of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Electric Racing Set Exports in the EU

In 2017, approx. X units of electric car racing sets were exported in the European Union; rising by X% against the previous year. The electric racing set exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, electric racing set exports stood at $X in 2017. The electric racing set exports continue to indicate a mild descent. In that year, the electric racing set exports attained their peak level of $X. From 2011 to 2017, growth of the electric racing set exports failed to regain its momentum.

Electric Racing Set Exports by Country in the EU

The countries with the highest levels of electric racing set exports in 2017 were Hungary (X units), Luxembourg (X units) and Estonia (X units), together reaching X% of total export. It was distantly followed by Cyprus (X units), committing X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Luxembourg (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest electric racing set markets worldwide were Hungary ($X), Estonia ($X) and Luxembourg ($X), with a combined X% share of total exports.

Among the main exporting countries , Luxembourg (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Electric Racing Set Export Prices by Country in the EU

The electric racing set export price in the European Union stood at $X per unit in 2017, dropping by -X% against the previous year. The electric racing set export price continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2010, when the export prices increased by X% against the previous year. In that year, the export prices for electric car racing sets attained their peak level of $X thousand per unit. From 2011 to 2017, growth of the export prices for electric car racing sets failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Estonia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Cyprus (+X% per year), while the other leaders experienced a decline in the export price figures.

Electric Racing Set Imports in the EU

In 2017, the amount of electric car racing sets imported in the European Union stood at X units, surging by X% against the previous year. The electric racing set imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011, when imports increased by X% y-o-y. Over the period under review, the electric racing set imports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, electric racing set imports totaled $X in 2017. The electric racing set imports continue to indicate a drastic setback. In that year, the electric racing set imports reached their peak level of $X. From 2009 to 2017, growth of the electric racing set imports stood at a somewhat lower level.

Electric Racing Set Imports by Country in the EU

Cyprus (X units) represented roughly X% of total imports of electric car racing sets in 2017.

Cyprus was also the fastest growing in terms of the electric car racing sets imports, with a CAGR of +X% from 2007 to 2017. Cyprus (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cyprus ($X) constitutes the largest market for imported electric car racing sets in the European Union.

In Cyprus, electric racing set imports increased at an average annual rate of +X% over the period from 2007-2017.

Electric Racing Set Import Prices by Country in the EU

In 2017, the electric racing set import price in the European Union amounted to $X thousand per unit, shrinking by -X% against the previous year. The electric racing set import price continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. In that year, the import prices for electric car racing sets attained their peak level of $X thousand per unit. From 2009 to 2017, growth of the import prices for electric car racing sets stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by import prices for Cyprus.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Cyprus (+X% per year).

Source: IndexBox Platform