Mexico - Motorcycles and Scooters - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMotorcycle and Scooter Price in Mexico - 2023
Contents:
- Motorcycle and Scooter Price in Mexico (CIF) - 2023
- Motorcycle and Scooter Price in Mexico (FOB) - 2022
- Motorcycle and Scooter Imports in Mexico
- Motorcycle and Scooter Exports in Mexico
Motorcycle and Scooter Price in Mexico (CIF) - 2023
In June 2023, the average motorcycle and scooter import price amounted to $1,657 per unit, surging by 22% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 29% m-o-m. Over the period under review, average import prices reached the peak figure at $2,072 per unit in March 2023; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($10,519 per unit), while the price for Japan ($1,000 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle and Scooter Price in Mexico (FOB) - 2022
The average motorcycle and scooter export price stood at $35,438 per unit in September 2022, remaining stable against the previous month. In general, the export price showed a tangible expansion. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 248% against the previous month. Over the period under review, the average export prices hit record highs in September 2022.
As there is only one major export destination, the average price level is determined by prices for China.
From November 2021 to September 2022, the rate of growth in terms of prices for China amounted to +4.7% per month.
Motorcycle and Scooter Imports in Mexico
In 2022, overseas purchases of motorcycles and scooters decreased by -4% to 333K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 240% against the previous year. As a result, imports reached the peak of 346K units, and then dropped modestly in the following year.
In value terms, motorcycle and scooter imports expanded remarkably to $464M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Motorcycle and Scooter in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 107 | 97.6 | 201 | 222 | 27.5% |
India | 50.7 | 47.8 | 92.9 | 94.0 | 22.8% |
Germany | 31.3 | 33.9 | 47.4 | 44.6 | 12.5% |
Japan | 23.0 | 22.7 | 20.7 | 32.9 | 12.7% |
United States | 40.3 | 22.5 | 23.7 | 26.6 | -12.9% |
Others | 39.1 | 32.8 | 29.8 | 43.7 | 3.8% |
Total | 291 | 257 | 415 | 464 | 16.8% |
Top Suppliers of Motorcycle and Scooter to Mexico in 2022:
- China (247.6K units)
- India (55.6K units)
- Japan (11.2K units)
- United States (6.9K units)
- Germany (4.3K units)
Motorcycle and Scooter Exports in Mexico
In 2022, shipments abroad of motorcycles and scooters increased by 37% to 2K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a sharp decline. The exports peaked at 6K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, motorcycle and scooter exports surged to $19M in 2022. Over the period under review, exports, however, recorded a dramatic slump. The exports peaked at $67M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Motorcycle and Scooter in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 65.5 | 39.2 | 11.0 | 17.4 | -35.7% |
China | N/A | 0.3 | 0.7 | 1.3 | 108.2% |
Others | 1.1 | 0.7 | 0.1 | N/A | -69.8% |
Total | 66.7 | 40.1 | 11.7 | 18.8 | -34.4% |
Top Export Markets for Motorcycle and Scooter from Mexico in 2022:
- United States (1980.0 units)
- China (45.0 units)
This report provides an in-depth analysis of the motorcycle and scooter market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the motorcycle and scooter market in Mexico.
This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor in Mexico.
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Mexico.
This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor in Mexico.
This report provides an in-depth analysis of the motorcycle and bicycle market in Mexico.
This report provides an in-depth analysis of the global motorcycle and scooter market.
This report provides an in-depth analysis of the global market for side car and cycle with non-combustion motor.
This report provides an in-depth analysis of the global market for motorcycle, scooter and side-car.
This report provides an in-depth analysis of the global market for motorcycles and cycles with an auxiliary motor.
This report provides an in-depth analysis of the global motorcycle and bicycle market.
In April 2023, the price of Motorcycle And Scooter was $1,538 per unit (CIF, Mexico), showing a decrease of 25.8% from the previous month.
As of April 2023, the price of the Motorcycle Side Car was $109 per unit (CIF, Mexico), reflecting a decrease of -13% compared to the previous month.
In recent years, the global demand for motorcycles and scooters has been steadily increasing. These vehicles offer an affordable and convenient mode of transportation, making them popular in both developed and developing countries. In this article, we will explore the top import markets for motorcycles and scooters and provide key statistics.
Discover the top import markets for side cars and cycles with non-combustion motors based on the latest statistics from IndexBox. Explore the import values and key statistics of these markets in 2022.
Explore the world's best import markets for motorcycles, scooters, and side-cars. Discover the top countries with high import values, including the United States, Germany, France, and more.
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
From 2007 to 2014, the global motorcycle and scooter market showed mixed dynamics. A slight decrease in 2009 (-X% Y-o-Y) was followed by a X% increase in 2010. Over the next three years, the market gradually increased to X million units. In value te
A lower costs policy coupled with the launching of new products is expected to double the Japanese Yamaha Motor Co.'s motorcycle profit margin by 2018. According to the Japan Times, Yamaha aims to increase their overall margin to X% by 2018. Hiroyuki
Explore the top import markets for motorcycles and bicycles and uncover the potential opportunities in these countries. Learn about market statistics, key import values, and growth drivers.