Market balance Europe 9 months 2022
- 詳細
Market balance Europe 9 months 2022
- The European automotive market (PC+LUV) is catching up again after two mediocre years. While the first half of 2022 (6.4 million sales) is worse than the first half of 2021 (7.6 million sales), the third quarter performs as well as the third quarter of 2021 (3.1 million sales).
- In 2020, the European market had experienced one of its worst years since 2013 with 13.8 million sales, with an extremely weak first half of the year (5.9 million units) due to the Covid 19 crisis that led to the closure of car factories and dealers, a figure last recorded decades ago. The second half of 2020 was a catch-up year (7.9 million units).
- In 2021, the first half of the year continued at the same pace as the second half of the year 2020 (7.6 million units), but the second half of 2021 fell behind again (6.2 million units) as it fell victim to the semiconductor crisis.
- The first half of 2022 was on par with the second half of 2021 (6.4 million units). Only a slight improvement emerged in September, when vehicle registrations exceeded those of September 2021 for the first time this year.
- By the end of September 2022, the European market was still down 10% year-on-year, with Italy, France, Belgium, Austria and all Scandinavian countries lagging the most. The distribution by powertrain over this period is as follows: 83% vehicles with combustion engines or HEVs, 10% BEVs and 7% PHEVs.
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Market balance USA 9 months 2022
- 詳細
Market balance USA 9 months 2022
- After two very weak years in 2020 and 2021, the US automotive market (PC+LUV) is catching up in the second half of 2022, albeit only very modestly.
- For example, the third quarter of 2022 shows a sales volume of 3.5 million units, compared to 3.4 million units in 2021 and 3.9 million units in 2020.
- In 2020, the U.S. market recorded a volume of 14.5 million vehicles, with 6.4 million units in the first half of the year and 8.1 million units in the second half. The first half of the year had been severely affected by the Covid 19 crisis (closure of factories and car dealerships), which is why the first half of 2020 was so poor. As for the second half, sales missed in the first half were made up.
- In 2021, the U.S. market recorded a volume of 15.1 million vehicles, with 8.3 million units in the first half of the year and 6.8 million units in the second half, as this period was affected by the semiconductor crisis, which caused a delay in the production and delivery of models. The second half of 2021 was therefore much lower in volume terms than the second half of 2020.
- The first half of 2022 continued the pace of the second half of 2021 (6.8 million sales).
- In the first nine months of 2022, the U.S. market is down 12.7% compared to the first nine months of 2021. 93% of these are internal combustion engine vehicles or HEVs, 6% BEVs and 1% PHEVs.
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Market balance Japan 9 months 2022
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Market balance Japan 9 months 2022
- The Japanese automotive market (PC+LUV) recorded very similar registration volumes in 2020, 2021 and 2022, despite the Covid 19 and semiconductor crises. It seems that Japanese manufacturers suffered less from the semiconductor crisis than European and American manufacturers.
- In 2020, the registration volume reached 4.6 million units and 4.4 million units in 2021, so the impact of the crises was very small. However, a slight decline of 5% can be observed between 2020 and 2021.
- The first half of 2020 accounted for 2.2 million units and the second half for 2.4 million units.
- The first half of 2021 included 2.4 million units and the second half included 2.0 million units, with the second half weakening between September and December.
- The first half of 2022 accounted for 2.1 million units, slightly less than in 2020 and 2021, but the third quarter returned to 2021 levels at 1.0 million units, compared with 1.2 million units in the third quarter of 2020.
- The year could end with a volume of 4.2 million sales, which would represent a further decline of 5%, although the Japanese market will record a decline of 10% in the first nine months of 2022, in line with the decline in Europe and lower than the decline in the U.S. (-12.7%). During this period, 98% will be accounted for by vehicles with internal combustion engines or HEVs, 1% by BEVs and 1% by PHEVs.
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Market balance China 9 months 2022
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Market balance China 9 months 2022
- The Chinese automotive market (PC+LUV) is one of the few major markets to record significantly better sales figures in 2022 than in 2020 and 2021, especially from the third quarter onwards.
- The third quarter of 2022 shows a sales volume of 6.6 million units, compared to 4.9 million units in the third quarter of 2021 and 5.5 million units in the third quarter of 2020, representing an increase of 35% in 2022 compared to 2021 and 20% compared to 2020.
- The year 2020, as in other countries, had been marked by the Covid 19 crisis, which led to the closure of car factories and dealers, causing the market to decline by 6% compared to 2019.
- The first half of 2020 had shown an extremely low number for China, with 7.8 million sales, which was partially made up by a decent second half (12.4 million units), with the full-year figure reaching 20.2 million units.
- The year 2021 was a catch-up year, pretty much matching the pace of the second half of 2020 (21.5 million units, including 10.0 million in the first half and 11.5 million in the second half).
- In the first half of 2022, this pace continued, interrupted by a temporary return of the Covid 19 crisis in April, resulting in a sales volume of 10.3 million in that half, roughly the same as in the first half of 2021.
- By the end of September 2022, the Chinese market grew 14.5% year-on-year, with 74% of vehicles being internal combustion engine or HEVs, 20% BEVs and 6% PHEVs.
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Market balance India 9 months 2022
- 詳細
Market balance India 9 months 2022
- The Indian automotive market (PC+LUV) recovered some of its loss in 2022 after two weak years in 2020 and 2021, as registration volumes did not exceed 2.9 million units in 2020 and 3.7 million units in 2021, compared to 3.8 million units in 2019.
- In the first half of 2022, 1.9 million units were registered, compared to 1.85 million in the first half of 2021 and 1.0 million in the first half of 2020, a small increase from the previous year and a doubling of volume compared to 2020. However, it is still behind the numbers achieved in the first half of 2019 (over 2 million units).
- The year 2020 had been marked by the Covid 19 crisis, which caused the Indian market to slump in March, April and May due to the closure of factories and car dealerships. The Indian market had recovered well in the second half of 2020 (1.9 million sales) compared to the first half (1.0 million sales).
- The year 2021 started at the same pace as the second half of 2020, but May crashed again due to the return of the Covid 19. The first half of 2021 ended with a volume of 1.9 million sales. The second half of the year continued that pace with 1.8 million sales.
- In the first nine months of 2022, the Indian market grew by 5.5% compared to the first nine months of 2021, which is the best performance for a major global market after China. During this period, 99% were internal combustion engine vehicles or HEVs and 1% were BEVs.
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