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Supply and use tables: cars in the euro area

Auto News - Published on Fri, 15 Feb 2019

Image Source: hanoitimes.vn
Supply and use tables are used for macro-economic analyses of the the European Union and euro area economies. They give an annual snapshot of overall production and use for different categories of goods and services in the EU, including cars.

Of the EUR 700 billion worth of cars produced in 2017 in the euro area, 14 % was imported from outside the euro area. Domestic production of cars in the euro area represented 86 % of the car supply: 83 % was produced by the euro area car industry itself (primary production). The remaining 3 % of the car supply was from other industries, for example car radios, tyres and upholstery (secondary production).

As regards the use of domestic car production, 19 % of the total value of cars produced in the euro area in 2017 was for the domestic market (final consumption), and exports accounted for a further 37 % of the total value.

Almost one third (32 %) of the total value was used in the euro area as an input into another product or service outside the motor vehicle industry, for example in the transportation or car rental sectors (intermediate consumption). Finally, 12 % of the total value was used as investment goods (gross capital formation).

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Posted By : Joykumar Irom on Fri, 15 Feb 2019
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