Report Update: Oct 1, 2023
China - Side Cars For Motorcycles & Cycles With Auxiliary Motors - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Aug 21, 2023
China's June 2023 Exports of Motorized Bicycles With Side Cars Soar to $475M
China Motorcycle Side Car Exports
Exports of cycles with auxiliary motors and side cars from China expanded notably to 1.5M units in June 2023, rising by 11% against the previous month's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when exports increased by 107% m-o-m. The exports peaked at 1.9M units in August 2022; however, from September 2022 to June 2023, the exports stood at a somewhat lower figure.
In value terms, exports of cycles with auxiliary motors and side cars rose markedly to $475M (IndexBox estimates) in June 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when exports increased by 104% month-to-month. Over the period under review, the exports of reached the maximum at 583M units in July 2022; however, from August 2022 to June 2023, the exports remained at a lower figure. 
Motorcycle Side Car Exports By Country (Million USD)">
| COUNTRY | Export Value of Motorcycle Side Car in China (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| United States | 138 | 171 | 188 | 193 | 160 | 139 | 82.3 | 83.0 | 39.6 | 85.0 | 100 | 116 | 132 |
| Germany | 24.7 | 30.9 | 27.1 | 21.7 | 10.9 | 6.5 | 8.2 | 11.8 | 4.8 | 13.4 | 14.6 | 16.6 | 24.3 |
| Netherlands | 38.4 | 49.3 | 37.1 | 33.4 | 22.4 | 19.1 | 12.2 | 33.1 | 13.9 | 23.3 | 37.4 | 32.3 | 20.1 |
| South Korea | 25.8 | 24.6 | 16.2 | 13.2 | 11.6 | 12.0 | 8.0 | 7.0 | 7.4 | 15.7 | 22.1 | 11.8 | 15.8 |
| Canada | 30.2 | 23.8 | 19.1 | 20.2 | 14.6 | 15.8 | 8.6 | 24.4 | 7.9 | 14.1 | 17.2 | 15.6 | 15.7 |
| Vietnam | 13.7 | 14.3 | 13.2 | 7.6 | 9.9 | 8.9 | 4.9 | 3.2 | 6.1 | 11.2 | 11.4 | 7.2 | 10.4 |
| Turkey | 14.6 | 13.0 | 7.7 | 7.8 | 2.6 | 4.6 | 4.9 | 10.7 | 4.8 | 12.4 | 13.0 | 14.2 | 10.2 |
| Others | 235 | 256 | 244 | 218 | 197 | 196 | 161 | 240 | 113 | 226 | 228 | 228 | 247 |
| Total | 521 | 583 | 552 | 514 | 429 | 403 | 290 | 413 | 197 | 401 | 444 | 442 | 475 |
Exports by Country
The United States (380K units) was the main destination for exports of cycles with auxiliary motors and side cars from China, with a 26% share of total exports. Moreover, exports of cycles with auxiliary motors and side cars to the United States exceeded the volume sent to the second major destination, Germany (79K units), fivefold. The third position in this ranking was held by the Netherlands (62K units), with a 4.2% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of volume to the United States stood at -1.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+1.3% per month) and the Netherlands (-4.5% per month).
In value terms, the United States ($132M) remains the key foreign market for cycle with auxiliary motor and side car exports from China, comprising 28% of total exports. The second position in the ranking was held by Germany ($24M), with a 5.1% share of total exports. It was followed by the Netherlands, with a 4.2% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-0.2% per month) and the Netherlands (-5.3% per month).
Export Prices by Country
In June 2023, the motorcycle side car price amounted to $324 per unit (FOB, China), reducing by -3.4% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 17% against the previous month. Over the period under review, the average export prices attained the peak figure at $386 per unit in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($429 per unit), while the average price for exports to Indonesia ($168 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the market for cycle with auxiliary motor and side car in China. 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
Country coverage:
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
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
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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