EU: Vehicle Speedometer Market 2020

Vehicle Speedometer Market Size in the EU

The revenue of the vehicle speedometer market in the European Union amounted to $X in 2017, surging by X% against the previous year. The total market indicated a measured increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2011, when market value increased by X% against the previous year. Over the period under review, the vehicle speedometer market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Vehicle Speedometer Production in the EU

The vehicle speedometer production amounted to X units in 2017, standing approx. at the previous year. The vehicle speedometer production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. The volume of vehicle speedometer production peaked in 2017, and is likely to continue its growth in the immediate term.

Vehicle Speedometer Exports in the EU

In 2017, the amount of vehicle speed indicators exported in the European Union amounted to X units, picking up by X% against the previous year. The vehicle speedometer exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, when it surged by X% against the previous year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, vehicle speedometer exports stood at $X in 2017. The total exports indicated a significant increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle speedometer exports increased by +X% against 2011 indices. The level of exports peaked in 2017, and are likely to continue its growth in the immediate term.

Vehicle Speedometer Exports by Country in the EU

Germany represented the largest exporter of vehicle speed indicators in the European Union, with the volume of exports recording X units, which was near X% of total exports in 2017. Spain (X units) ranks second in terms of the global exports with a X% share, followed by Portugal (X%), Romania (X%), the Czech Republic (X%) and the UK (X%). Hungary (X units) followed a long way behind the leaders.

Exports from Germany decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Romania (+X%), Portugal (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, the UK (-X%), the Czech Republic (-X%) and Hungary (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Hungary, Germany and the Czech Republic increased by X%, X% and X% percentage points, while Spain (-X%), Romania (-X%) and Portugal (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest vehicle speedometer supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Spain ($X), with a X% share of global exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Germany stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+X% per year) and the Czech Republic (+X% per year).

Vehicle Speedometer Export Prices by Country in the EU

The vehicle speedometer export price in the European Union stood at $X per unit in 2017, picking up by X% against the previous year. The export price indicated a temperate expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. The level of export price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Czech Republic ($X per unit), while Portugal ($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 the Czech Republic (+X% per year), while the other leaders experienced more modest paces of growth.

Vehicle Speedometer Imports in the EU

In 2017, the amount of vehicle speed indicators imported in the European Union stood at X units, picking up by X% against the previous year. The total imports indicated a noticeable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle speedometer imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, vehicle speedometer imports amounted to $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle speedometer imports increased by +X% against 2015 indices. Over the period under review, the vehicle speedometer imports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Vehicle Speedometer Imports by Country in the EU

In 2017, Germany (X units) was the major importer for vehicle speed indicators, generating X% of total imports. Spain (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%) and France (X%). The following importers - Italy (X units), the Netherlands (X units), Hungary (X units), Poland (X units) and Belgium (X units) together made up X% of total imports.

Germany was also the fastest growing in terms of the vehicle speed indicators imports, with a CAGR of +X% from 2007 to 2017. At the same time, Poland (+X%), Hungary (+X%) and Spain (+X%) displayed positive paces of growth. The UK and Italy experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%), France (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Belgium and France increased by X% and X% percentage points, while Hungary (-X%), Poland (-X%), Spain (-X%) and Germany (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported vehicle speed indicators in the European Union, making up X% of global imports. The second position in the ranking was occupied by Spain ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Spain (+X% per year) and France (-X% per year).

Vehicle Speedometer Import Prices by Country in the EU

The vehicle speedometer import price in the European Union stood at $X per unit in 2017, increasing by X% against the previous year. The vehicle speedometer import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Over the period under review, the import prices for vehicle speed indicators attained its peak figure level of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belgium ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform