EU: Snow Motor Vehicle Market 2025

Snow Motor Vehicle Market Size in the EU

The EU snow motor vehicle market skyrocketed to $X in 2022, growing by 43% against the previous year. Over the period under review, consumption continues to indicate a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Snow Motor Vehicle Production in the EU

In value terms, snow motor vehicle production surged to $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +121.5% against 2015 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Snow Motor Vehicle Exports

Exports in the EU

In 2022, shipments abroad of motor vehicles for travelling on snow or golf cars decreased by -4.9% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.3% 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 +60.9% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow motor vehicle exports soared to $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +69.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Finland was the key exporter of motor vehicles for travelling on snow or golf cars in the European Union, with the volume of exports finishing at X units, which was near 34% of total exports in 2022. The Netherlands (X units) took the second position in the ranking, followed by Germany (X units), Belgium (X units), Poland (X units) and Spain (X units). All these countries together held near 53% share of total exports. Denmark (X units) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +28.5%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X) remains the largest snow motor vehicle supplier in the European Union, comprising 61% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.1% share of total exports. It was followed by Spain, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value in Finland totaled +3.5%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+14.7% per year) and Spain (+3.1% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, jumping by 36% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per unit), while Belgium ($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 (+7.3%), while the other leaders experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports in the EU

In 2022, approx. X units of motor vehicles for travelling on snow or golf cars were imported in the European Union; reducing by -3.6% against the year before. Total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% 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 +9.3% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 35%. The volume of import peaked at X units in 2021, and then reduced modestly in the following year.

In value terms, snow motor vehicle imports reached $X in 2022. Total imports indicated a notable increase 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, imports increased by +17.1% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by 39%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), Sweden (X units), Italy (X units), Spain (X units) and Belgium (X units) represented the largest importers of motor vehicles for travelling on snow or golf cars, together generating 73% of total imports. France (X units), Poland (X units), Denmark (X units), Austria (X units), Hungary (X units), Greece (X units) and the Czech Republic (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +19.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest snow motor vehicle importing markets in the European Union were Sweden ($X), Germany ($X) and Italy ($X), together accounting for 51% of total imports. Spain, the Netherlands, France, Belgium, Austria, Denmark, Poland, Greece, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further 33%.

In terms of the main importing countries, Greece, with a CAGR of +33.6%, saw 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

In 2022, the import price in the European Union amounted to $X per unit, with an increase of 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2013 when the import price increased by 21%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+32.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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