United Kingdom: Market for Motor Vehicle Chassis Fitted With Engines 2025

Market Size for Motor Vehicle Chassis Fitted With Engines in the UK

In 2022, after two years of growth, there was decline in the UK market for motor vehicle chassis fitted with engines, when its value decreased by -4.9% to $X. Over the period under review, consumption, however, saw a noticeable slump. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in the UK

In value terms, production of motor vehicle chassis fitted with engines rose rapidly to $X in 2022 estimated in export price. Overall, production, however, saw a mild decrease. The growth pace was the most rapid in 2017 when the production volume increased by 151%. Production of peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from the UK

In 2022, the amount of motor vehicle chassis fitted with engines exported from the UK rose notably to X units, surging by 13% compared with the previous year. Overall, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 118%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of motor vehicle chassis fitted with engines reduced dramatically to $X in 2022. In general, exports, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 339% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for exports of motor vehicle chassis fitted with engines from the UK, with a 56% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to France exceeded the volume sent to the second major destination, Denmark (X units), fivefold. The third position in this ranking was taken by Slovenia (X units), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+109.1% per year) and Slovenia (+580.4% per year).

In value terms, France ($X), Switzerland ($X) and Denmark ($X) appeared to be the largest markets for motor vehicle chassis fitted with engines exported from the UK worldwide, with a combined 40% share of total exports. Slovakia, Slovenia, Italy and Poland lagged somewhat behind, together accounting for a further 12%.

Slovakia, with a CAGR of +1,761.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for motor vehicle chassis fitted with engines amounted to $X per unit, dropping by -39.3% against the previous year. In general, the export price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 111%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Slovenia ($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 Slovakia (+91.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into the UK

In 2022, supplies from abroad of motor vehicle chassis fitted with engines increased by 5.4% to X units, rising for the second consecutive year after five years of decline. Overall, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motor vehicle chassis fitted with engines fell remarkably to $X in 2022. In general, imports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 97% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motor vehicle chassis fitted with engines to the UK, accounting for a 57% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. Germany (X units) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +47.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+74.7% per year) and Germany (+2.3% per year).

In value terms, China ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to the UK, comprising 80% of total imports. The second position in the ranking was taken by Portugal ($X), with a 6.7% share of total imports. It was followed by France, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +88.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+48.4% per year) and France (+110.9% per year).

Import Prices by Country

The average import price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, with a decrease of -23.7% against the previous year. In general, the import price, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 35% against the previous year. The import price peaked at $X per unit in 2021, and then declined rapidly in the following year.

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 Sweden ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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