Northern America: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in Northern America

The North American non-propelled vehicle market skyrocketed to $X in 2021, jumping by 21% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Non-Propelled Vehicle Production in Northern America

In value terms, non-propelled vehicle production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep setback. The pace of growth appeared the most rapid in 2019 when the production volume increased by 36% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Non-Propelled Vehicle Exports

Exports in Northern America

In 2021, shipments abroad of vehicles not mechanically propelled was finally on the rise to reach X units after two years of decline. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-propelled vehicle exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States represented the largest exporter of vehicles not mechanically propelled in Northern America, with the volume of exports accounting for X units, which was approx. 72% of total exports in 2021. It was distantly followed by Canada (X units), making up a 28% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of vehicles not mechanically propelled. At the same time, Canada (+6.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +6.5% from 2012-2021. Canada (+9 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -9% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest non-propelled vehicle supplier in Northern America, comprising 75% of total exports. The second position in the ranking was taken by Canada ($X), with a 25% share of total exports.

In the United States, non-propelled vehicle exports expanded at an average annual rate of +3.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, declining by -3.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2016 when the export price increased by 23%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.0%).

Non-Propelled Vehicle Imports

Imports in Northern America

In 2021, the amount of vehicles not mechanically propelled imported in Northern America expanded remarkably to X units, growing by 10% compared with 2020. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +20.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 37% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, non-propelled vehicle imports surged to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.3% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the main importing country with an import of about X units, which reached 87% of total imports. It was distantly followed by Canada (X units), achieving a 13% share of total imports.

The United States was also the fastest-growing in terms of the vehicles not mechanically propelled imports, with a CAGR of +6.6% from 2012 to 2021. At the same time, Canada (+5.5%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported vehicles not mechanically propelled in Northern America, comprising 80% of total imports. The second position in the ranking was held by Canada ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +8.7%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, with an increase of 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2014 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.0%).

Source: IndexBox Platform

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