U.S. - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Motorcycle and Bicycle Price Reduces Slightly to $554 per Unit
U.S. Motorcycle And Bicycle Import Price in April 2023
In April 2023, the motorcycle and bicycle price amounted to $554 per unit (CIF, US), dropping by -2% against the previous month. Overall, import price indicated resilient growth from April 2022 to April 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, motorcycle and bicycle import price decreased by -25.1% against December 2022 indices. The most prominent rate of growth was recorded in December 2022 an increase of 51% m-o-m. As a result, import price reached the peak level of $740K per thousand units. From January 2023 to April 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Taiwan (Chinese) ($1,365 per unit), while the price for China ($148 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Motorcycle And Bicycle in U.S. (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Taiwan (Chinese) | 955 | 916 | 1,083 | 1,001 | 1,052 | 1,141 | 1,248 | 1,274 | 1,385 | 1,295 | 1,243 | 1,375 | 1,365 |
| Vietnam | 434 | 479 | 631 | 569 | 602 | 583 | 636 | 725 | 824 | 730 | 772 | 931 | 894 |
| Cambodia | 238 | 278 | 259 | 303 | 303 | 341 | 358 | 367 | 461 | 434 | 360 | 522 | 573 |
| China | 120 | 128 | 152 | 151 | 173 | 149 | 153 | 184 | 228 | 170 | 147 | 133 | 148 |
| Average | 298 | 410 | 446 | 406 | 427 | 378 | 456 | 489 | 740 | 607 | 578 | 566 | 554 |
U.S. Motorcycle And Bicycle Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($1,602 per unit), while the price for bicycles and other cycles totaled $162 per unit.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (+2.4%).
U.S. Motorcycle And Bicycle Imports
In April 2023, motorcycle and bicycle imports into the United States expanded remarkably to 928K units, increasing by 12% compared with March 2023. Overall, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in September 2022 with an increase of 16% month-to-month. Imports peaked at 1.9M units in April 2022; however, from May 2022 to April 2023, imports failed to regain momentum.
In value terms, motorcycle and bicycle imports rose markedly to $515M (IndexBox estimates) in April 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 with an increase of 19% against the previous month. As a result, imports reached the peak of $707M. From November 2022 to April 2023, the growth of imports failed to regain momentum.
U.S. Motorcycle And Bicycle Imports by Type
In April 2023, bicycles and other cycles (675K units) constituted the largest type of motorcycle and bicycle supplied to the United States, accounting for a 73% share of total imports. Moreover, bicycles and other cycles exceeded the figures recorded for the second-largest type, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (253K units), threefold.
From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of bicycles and other cycles stood at -6.9%.
In value terms, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($405M) constituted the largest type of motorcycle and bicycle supplied to the United States, comprising 79% of total imports. The second position in the ranking was taken by bicycles and other cycles ($109M), with a 21% share of total imports.
U.S. Motorcycle And Bicycle Imports by Country
In April 2023, China (745K units) constituted the largest motorcycle and bicycle supplier to the United States, with a 80% share of total imports. Moreover, motorcycle and bicycle imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (66K units), more than tenfold. The third position in this ranking was held by Cambodia (36K units), with a 3.9% share.
From April 2022 to April 2023, the average monthly growth rate of volume from China amounted to -5.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Taiwan (Chinese) (-2.7% per month) and Cambodia (-11.7% per month).
In value terms, the largest motorcycle and bicycle suppliers to the United States were China ($110M), Taiwan (Chinese) ($90M) and Cambodia ($20M), together accounting for 43% of total imports. Vietnam lagged somewhat behind, accounting for a further 3.5%.
Among the main suppliers, Vietnam, with a CAGR of +4.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the motorcycle and bicycle market in the U.S.. 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 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
- Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
- Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
- Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
