Motorcycle and Bicycle Market
Motorcycle and bicycle market: read new info empowered by an Ai-driven BI platform. Data provide consumption, exports, companies, imports, production, trade, market prices, and market size. There is a split by country, including Africa, the U.S., Latin America, the U.K., EU, China, Russia, and the Middle East. Market trends and outlook to 2030 are also provided in the snapshots.
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Motorcycle and Bicycle - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | India |
| 2 | United States |
| 3 | China |
| 4 | Germany |
| 5 | Netherlands |
In value terms, the largest motorcycle and bicycle markets worldwide were India, the United States and China, with a combined 34% share of the global market. These countries were followed by Germany, the Netherlands, the UK, Nigeria, Japan, Canada, Bangladesh and Indonesia, which together accounted for a further 23%.
Nigeria (+67.4% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while motorcycle and bicycle market for the other global leaders experienced more modest paces of growth.
Motorcycle And Bicycle Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 173 | 183 | 162 | -3.2% |
| Cambodia | 208 | 209 | 229 | 4.9% |
| India | 506 | 488 | 489 | -1.6% |
| Belgium | 876 | 516 | 710 | -10.0% |
| Taiwan (Chinese) | 454 | 570 | 826 | 34.8% |
| Italy | 889 | 805 | 837 | -2.9% |
| Netherlands | 836 | 760 | 917 | 4.8% |
| Germany | 1125 | 1003 | 1080 | -2.0% |
| Average | 360 | 380 | 358 | -0.3% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($1,080 per unit), while China ($162 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| France | 645 | 588 | 742 | 7.2% |
| Belgium | 799 | 871 | 570 | -15.5% |
| Germany | 363 | 394 | 465 | 13.2% |
| Nigeria | 936 | 1213 | 437 | -31.7% |
| Venezuela | 1487 | 755 | 376 | -49.7% |
| United Kingdom | 396 | 383 | 368 | -3.6% |
| Philippines | 407 | 484 | 354 | -6.8% |
| Netherlands | 196 | 211 | 254 | 13.7% |
| Japan | 196 | 194 | 210 | 3.7% |
| United States | 214 | 241 | 203 | -2.6% |
| Thailand | 173 | 252 | 133 | -12.2% |
| Russia | 94 | 99 | 116 | 11.2% |
| Indonesia | 46 | 47 | 36 | -11.9% |
| Average | 289 | 313 | 299 | 1.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($742 per unit), while Indonesia ($36 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Motorcycle and Bicycle - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 4.3 | 3.8 | 4.3 | -0.7% |
| Germany | 2.9 | 3.2 | 3.4 | 8.0% |
| Netherlands | 1.8 | 2.1 | 3.2 | 36.0% |
| France | 2.1 | 2.2 | 2.1 | -0.5% |
| Belgium | 1.5 | 1.5 | 1.6 | 6.0% |
In value terms, the largest motorcycle and bicycle importing markets worldwide were the United States ($4.3B), Germany ($3.4B) and the Netherlands ($3.2B), with a combined 28% share of global imports.
Among the main importing countries, the Netherlands saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Motorcycle and Bicycle - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 11 | 11 | 12 | 6.5% |
| Germany | 3 | 3.3 | 3.7 | 9.7% |
| Netherlands | 1.7 | 2.1 | 2.8 | 29.6% |
| Taiwan (Chinese) | 2.2 | 2.6 | 2.5 | 6.1% |
| India | 2.2 | 2.1 | 1.9 | -7.4% |
In value terms, China ($12.3B) remains the largest motorcycle and bicycle supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by Germany ($3.7B), with a 8.8% share of global exports. It was followed by the Netherlands, with a 6.7% share.
In China, motorcycle and bicycle exports increased at an average annual rate of +6.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (+9.7% per year) and the Netherlands (+29.6% per year).
Motorcycle and Bicycle - Market Forecast
Driven by increasing demand for motorcycle and bicycle worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Motorcycle and Bicycle - Product Coverage
- HS 8711 - Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars
- HS 8712 - Bicycles and other cycles; including delivery tricycles, not motorised
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Africa - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
76
This report provides an in-depth analysis of the motorcycle and bicycle market in Africa.
World - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
57
This report provides an in-depth analysis of the global motorcycle and bicycle market.
Middle East - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
54
This report provides an in-depth analysis of the motorcycle and bicycle market in the Middle East.
South-Eastern Asia - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
46
This report provides an in-depth analysis of the motorcycle and bicycle market in South-Eastern Asia.
Central Asia - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
44
This report provides an in-depth analysis of the motorcycle and bicycle market in Central Asia.
Southern Asia - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
41
This report provides an in-depth analysis of the motorcycle and bicycle market in Southern Asia.
Latin America and the Caribbean - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
41
This report provides an in-depth analysis of the motorcycle and bicycle market in Latin America and the Caribbean.
Eastern Asia - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
38
This report provides an in-depth analysis of the motorcycle and bicycle market in Eastern Asia.
Northern America - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
28
This report provides an in-depth analysis of the motorcycle and bicycle market in Northern America.
Australia and Oceania - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights
$499
Nov 6, 2022
23
This report provides an in-depth analysis of the motorcycle and bicycle market in Australia and Oceania.
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