Benelux: Motorised Invalid Carriage Market 2024

Motorised Invalid Carriage Market Size in Benelux

In 2023, the Benelux motorised invalid carriage market increased by X% to $X, rising for the third year in a row after three years of decline. Overall, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

Motorised Invalid Carriage Production in Benelux

In value terms, motorised invalid carriage production dropped to $X in 2023 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Motorised Invalid Carriage Exports

Exports in Benelux

For the third year in a row, Benelux recorded growth in shipments abroad of invalid carriages motorised or mechanically propelled, which increased by X% to X units in 2023. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in years to come.

In value terms, motorised invalid carriage exports soared to $X in 2023. Overall, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are likely to see steady growth in years to come.

Exports by Country

In 2023, Belgium (X units) represented the largest exporter of invalid carriages motorised or mechanically propelled, mixing up X% of total exports. It was distantly followed by the Netherlands (X units), comprising a X% share of total exports.

Belgium was also the fastest-growing in terms of the invalid carriages motorised or mechanically propelled exports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%) displayed positive paces of growth. Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the Netherlands ($X) remains the largest motorised invalid carriage supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

In the Netherlands, motorised invalid carriage exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Motorised Invalid Carriage Imports

Imports in Benelux

After four years of growth, overseas purchases of invalid carriages motorised or mechanically propelled decreased by X% to X units in 2023. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X units in 2022, and then dropped notably in the following year.

In value terms, motorised invalid carriage imports reduced to $X in 2023. Overall, imports, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2022, and then fell in the following year.

Imports by Country

The purchases of the two major importers of invalid carriages motorised or mechanically propelled, namely Belgium and the Netherlands, represented more than two-thirds of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of X%).

In value terms, the largest motorised invalid carriage importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform