Europe: Market for Motor Vehicle Chassis Fitted With Engines 2025

Market Size for Motor Vehicle Chassis Fitted With Engines in Europe

The Europe market for motor vehicle chassis fitted with engines soared to $X in 2022, with an increase of 39% against the previous year. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Motor Vehicle Chassis Fitted With Engines in Europe

In value terms, production of motor vehicle chassis fitted with engines expanded markedly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable decline. The growth pace was the most rapid in 2020 when the production volume increased by 56% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports in Europe

In 2022, exports of motor vehicle chassis fitted with engines in Europe rose rapidly to X units, surging by 5.5% against the year before. In general, exports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of motor vehicle chassis fitted with engines dropped to $X in 2022. Overall, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 17% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

In 2022, the UK (X units), distantly followed by Lithuania (X units), Luxembourg (X units), Sweden (X units), Belarus (X units) and Poland (X units) were the key exporters of motor vehicle chassis fitted with engines, together creating 73% of total exports. The following exporters - Germany (X units), Italy (X units), France (X units), Hungary (X units), the Netherlands (X units), Russia (X units) and Spain (X units) - together made up 20% of total exports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +45.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the largest motor vehicle chassis fitted with engines supplier in Europe, comprising 39% of total exports. The second position in the ranking was held by Poland ($X), with an 11% share of total exports. It was followed by Germany, with a 10% share.

In Sweden, exports of motor vehicle chassis fitted with engines shrank by an average annual rate of -7.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+2.2% per year) and Germany (-10.9% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, shrinking by -14.6% against the previous year. Overall, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2014 when the export price increased by 37%. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Luxembourg ($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 (+10.1%), while the other leaders experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports in Europe

In 2022, purchases abroad of motor vehicle chassis fitted with engines increased by 8.7% to X units, rising for the second consecutive year after five years of decline. Over the period under review, imports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports of reached the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of motor vehicle chassis fitted with engines dropped modestly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X units) was the major importer of motor vehicle chassis fitted with engines, achieving 39% of total imports. The Netherlands (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Germany (12%), France (6.5%) and Luxembourg (5.3%). The following importers - Spain (X units), Slovenia (X units), Italy (X units), Belarus (X units), Denmark (X units), Greece (X units) and Slovakia (X units) - together made up 17% of total imports.

Imports into the UK decreased at an average annual rate of -7.3% from 2012 to 2022. At the same time, Luxembourg (+47.7%), the Netherlands (+23.8%), Germany (+21.7%), Denmark (+8.7%), Greece (+8.3%), Slovakia (+6.1%), Italy (+4.2%) and Belarus (+2.5%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Europe, with a CAGR of +47.7% from 2012-2022. Slovenia experienced a relatively flat trend pattern. By contrast, Spain (-4.6%) and France (-10.1%) illustrated a downward trend over the same period. The Netherlands (+11 p.p.), Germany (+10 p.p.), Luxembourg (+5.3 p.p.) and Denmark (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while France and the UK saw its share reduced by -8% and -25.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Denmark ($X) and the UK ($X) were the countries with the highest levels of imports in 2022, together comprising 44% of total imports. Spain, France, Slovenia, the Netherlands, Slovakia, Italy, Belarus, Luxembourg and Greece lagged somewhat behind, together comprising a further 35%.

In terms of the main importing countries, Slovakia, with a CAGR of +39.4%, 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 2022, the import price in Europe amounted to $X per unit, which is down by -8.7% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for motor vehicle chassis fitted with engines decreased by -36.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 41% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+31.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform