EU: Tuner Block Market 2022

Tuner Block Market Size in the EU

In 2021, after three years of decline, there was significant growth in the EU tuner block market, when its value increased by 18% to $X. Over the period under review, consumption, however, showed a pronounced slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Tuner Block Production in the EU

In value terms, tuner block production declined remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by 140% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Tuner Block Exports

Exports in the EU

In 2021, overseas shipments of tuner blocks increased by 15% to X units, rising for the second year in a row after three years of decline. Total exports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +69.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 47%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, tuner block exports rose remarkably to $X in 2021. Over the period under review, exports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2020 with an increase of 31%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from the Netherlands (X units), Hungary (X units), the Czech Republic (X units), Germany (X units), France (X units) and Poland (X units), together amounting to 89% of total export. Italy (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +10.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest tuner block supplier in the European Union, comprising 32% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports. It was followed by Poland, with a 13% share.

In the Netherlands, tuner block exports increased at an average annual rate of +3.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (-1.3% per year) and Poland (-2.1% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, with a decrease of -1.9% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the export price increased by 11% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.6%), while the other leaders experienced a decline in the export price figures.

Tuner Block Imports

Imports in the EU

In 2021, supplies from abroad of tuner blocks increased by 28% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, tuner block imports soared to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units), Italy (X units) and France (X units) represented the major importer of tuner blocks in the European Union, constituting 57% of total import. It was distantly followed by Poland (X units), Germany (X units), the Czech Republic (X units), Spain (X units) and Slovakia (X units), together achieving a 30% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Italy (with a CAGR of +8.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tuner block importing markets in the European Union were France ($X), the Netherlands ($X) and Poland ($X), with a combined 46% share of total imports. These countries were followed by Germany, Italy, Slovakia, Spain and the Czech Republic, which together accounted for a further 41%.

In terms of the main importing countries, Slovakia, with a CAGR of +30.3%, saw the highest growth rate of 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 2021, the import price in the European Union amounted to $X per unit, which is down by -9.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 16%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Slovakia ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+27.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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