Europe: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Europe

The Europe inflator system airbag market stood at $X in 2022, approximately mirroring the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +80.3% against 2015 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the near future.

Inflator System Airbag Production in Europe

In value terms, inflator system airbag production rose slightly to $X in 2022 estimated in export price. The total production indicated a moderate 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, production decreased by -1.8% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 26%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Inflator System Airbag Exports

Exports in Europe

After three years of decline, overseas shipments of airbags with inflator system and parts thereof increased by 4.1% to X tons in 2022. Total exports indicated a moderate increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2017 when exports increased by 17% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, inflator system airbag exports declined modestly to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by 14% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Romania (X tons), Poland (X tons) and Germany (X tons), together accounting for 56% of total export. Hungary (X tons) held the next position in the ranking, followed by Portugal (X tons) and France (X tons). All these countries together took near 26% share of total exports. The Czech Republic (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +95.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest inflator system airbag supplying countries in Europe were Germany ($X), Poland ($X) and Romania ($X), together accounting for 58% of total exports. Hungary, France, Portugal and the Czech Republic lagged somewhat behind, together comprising a further 28%.

Hungary, with a CAGR of +83.3%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, reducing by -7.3% against the previous year. Overall, the export price recorded a slight downturn. The growth pace was the most rapid in 2021 an increase of 6%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the other leaders experienced a decline in the export price figures.

Inflator System Airbag Imports

Imports in Europe

In 2022, the amount of airbags with inflator system and parts thereof imported in Europe was estimated at X tons, stabilizing at the previous year's figure. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.3% 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 +9.2% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 22%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, inflator system airbag imports contracted to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.5% 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 +2.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 18%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) and Germany (X tons) were the main importers of airbags with inflator system and parts thereof in Europe, together resulting at approx. 40% of total imports. It was distantly followed by Hungary (X tons), Spain (X tons), Romania (X tons), the Czech Republic (X tons) and France (X tons), together achieving a 40% share of total imports. The UK (X tons), Sweden (X tons), Russia (X tons), Portugal (X tons), Slovakia (X tons) and Austria (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +42.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Hungary ($X) were the countries with the highest levels of imports in 2022, together accounting for 51% of total imports.

Hungary, with a CAGR of +32.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 Europe amounted to $X per ton, with a decrease of -3.2% against the previous year. In general, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 5%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform