U.S.: Snow Motor Vehicle Market 2025

Snow Motor Vehicle Market Size in the U.S.

The U.S. snow motor vehicle market skyrocketed to $X in 2022, jumping by 52% against the previous year. In general, consumption recorded a significant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Snow Motor Vehicle Production in the U.S.

In value terms, snow motor vehicle production rose slightly to $X in 2022. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 19% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Snow Motor Vehicle Exports

Exports from the U.S.

In 2022, shipments abroad of motor vehicles for travelling on snow or golf cars increased by 4.5% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 25%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, snow motor vehicle exports skyrocketed to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 31% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for snow motor vehicle exports from the United States, accounting for a 38% share of total exports. Moreover, snow motor vehicle exports to Canada exceeded the volume sent to the second major destination, Nigeria (X units), fivefold. The third position in this ranking was held by Sweden (X units), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+50.6% per year) and Sweden (-3.1% per year).

In value terms, Canada ($X) remains the key foreign market for motor vehicles for travelling on snow or golf cars exports from the United States, comprising 44% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 7.5% share of total exports. It was followed by Sweden, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+51.7% per year) and Sweden (+0.0% per year).

Export Prices by Country

In 2022, the average snow motor vehicle export price amounted to $X per unit, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 14%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports into the U.S.

In 2022, overseas purchases of motor vehicles for travelling on snow or golf cars increased by 41% to X units, rising for the seventh consecutive year after two years of decline. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, snow motor vehicle imports surged to $X in 2022. In general, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of snow motor vehicle to the United States, with a 65% share of total imports. Moreover, snow motor vehicle imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), threefold. Canada (X units) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +44.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+9.0% per year) and Canada (+6.2% per year).

In value terms, the largest snow motor vehicle suppliers to the United States were Mexico ($X), China ($X) and Canada ($X), together comprising 97% of total imports. Vietnam and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 1.2%.

Among the main suppliers, Vietnam, with a CAGR of +195.7%, recorded the highest rates of growth with regard to 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

The average snow motor vehicle import price stood at $X per unit in 2022, with an increase of 6.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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