Global Invalid Carriage Market 2025

Invalid Carriage Market Size

The global invalid carriage market expanded to $X in 2022, increasing by 3.7% against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +6.2% against 2020 indices. Global consumption peaked in 2022 and is likely to see gradual growth in the near future.

Invalid Carriage Production

In value terms, invalid carriage production stood at $X in 2022 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +82.5% against 2012 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 14%. Global production peaked in 2022 and is expected to retain growth in the immediate term.

Invalid Carriage Exports

Exports

Global invalid carriage exports stood at X units in 2022, growing by 13% compared with 2021. Overall, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, invalid carriage exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. The global exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

China prevails in exports structure, resulting at X units, which was approx. 88% of total exports in 2022. The following exporters - India (X units) and Germany (X units) - each amounted to a 4.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to invalid carriage exports from China stood at +7.8%. At the same time, India (+13.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.7% from 2012-2022. By contrast, Germany (-1.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +9.1 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest invalid carriage supplier worldwide, comprising 65% of global exports. The second position in the ranking was taken by Germany ($X), with an 8.1% share of global exports.

In China, invalid carriage exports expanded at an average annual rate of +8.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-0.0% per year) and India (+8.9% per year).

Export Prices by Country

In 2022, the average invalid carriage export price amounted to $X per unit, with a decrease of -5.5% against the previous year. Overall, the export price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 an increase of 4.2% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the other global leaders experienced mixed trends in the export price figures.

Invalid Carriage Imports

Imports

In 2022, supplies from abroad of invalid carriages not mechanically propelled increased by 13% to X units, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21%. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, invalid carriage imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States represented the largest importer of invalid carriages not mechanically propelled in the world, with the volume of imports resulting at X units, which was near 29% of total imports in 2022. It was distantly followed by Germany (X units) and the UK (X units), together achieving a 12% share of total imports. The following importers - Japan (X units), Italy (X units), Mexico (X units), Spain (X units), France (X units), India (X units), Canada (X units), Malaysia (X units), Brazil (X units) and Russia (X units) - together made up 25% of total imports.

Imports into the United States increased at an average annual rate of +7.2% from 2012 to 2022. At the same time, Brazil (+26.1%), Malaysia (+10.4%), India (+9.9%), Spain (+9.4%), the UK (+6.6%), Italy (+5.4%), Germany (+4.9%), France (+4.6%), Canada (+3.6%), Mexico (+3.1%) and Russia (+2.0%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in the world, with a CAGR of +26.1% from 2012-2022. By contrast, Japan (-1.5%) illustrated a downward trend over the same period. The United States (+11 p.p.), the UK (+2 p.p.) and Brazil (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Japan saw its share reduced by -1.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported invalid carriages not mechanically propelled worldwide, comprising 22% of global imports. The second position in the ranking was held by Germany ($X), with an 8.7% share of global imports. It was followed by Japan, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +6.5%. In the other countries, the average annual rates were as follows: Germany (+3.5% per year) and Japan (+0.6% per year).

Import Prices by Country

The average invalid carriage import price stood at $X per unit in 2022, dropping by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2013 an increase of 13%. Global import price peaked at $X per unit in 2021, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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