Denmark - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Denmark - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights

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Motorcycle and Bicycle Price in Denmark - 2023

Contents:

  1. Motorcycle and Bicycle Price in Denmark (CIF) - 2023
  2. Motorcycle and Bicycle Price in Denmark (FOB) - 2022
  3. Motorcycle and Bicycle Imports in Denmark
  4. Motorcycle and Bicycle Exports in Denmark

Motorcycle and Bicycle Price in Denmark (CIF) - 2023

In June 2023, the average motorcycle and bicycle import price amounted to $510 per unit, almost unchanged from the previous month. Over the period under review, import price indicated a temperate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, motorcycle and bicycle import price increased by +39.2% against January 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 31% against the previous month. Over the period under review, average import prices attained the peak figure in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($837 per unit), while the price for Bangladesh ($118 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 Indonesia (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Motorcycle and Bicycle Price in Denmark (FOB) - 2022

The average motorcycle and bicycle export price stood at $391 per unit in 2021, increasing by 13% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 45%. As a result, the export price reached the peak level of $833 per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($709 per unit), while the average price for exports to Greenland ($194 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.6%), while the prices for the other major destinations experienced a decline.

Motorcycle and Bicycle Imports in Denmark

In 2022, after three years of growth, there was significant decline in overseas purchases of motorcycles and bicycles, when their volume decreased by -20.6% to 675K units. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of 849K units, and then declined dramatically in the following year.

In value terms, motorcycle and bicycle imports expanded rapidly to $361M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +52.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Motorcycle and Bicycle in Denmark (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Netherlands62.883.210629.9%
Germany41.540.952.112.0%
Taiwan (Chinese)20.227.029.320.4%
China16.722.623.618.9%
Thailand8.16.421.261.8%
Sweden9.812.320.343.9%
Indonesia14.012.517.110.5%
Bulgaria6.46.09.924.4%
Cambodia6.86.28.08.5%
Bangladesh8.06.66.6-9.2%
Others43.347.746.84.0%
Total23827134119.7%

Top Suppliers of Motorcycle and Bicycle to Denmark in 2022:

  1. Netherlands (217.9K units)
  2. Indonesia (136.2K units)
  3. Germany (115.5K units)
  4. China (103.5K units)
  5. Bangladesh (85.3K units)
  6. Taiwan (Chinese) (66.3K units)
  7. Thailand (64.3K units)
  8. Sweden (56.1K units)
  9. Cambodia (54.7K units)
  10. Bulgaria (36.9K units)

Motorcycle and Bicycle Exports in Denmark

In 2022, after three years of growth, there was significant decline in shipments abroad of motorcycles and bicycles, when their volume decreased by -31.4% to 189K units. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 67%. The exports peaked at 276K units in 2021, and then contracted sharply in the following year.

In value terms, motorcycle and bicycle exports fell rapidly to $87M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports attained the peak figure at $108M in 2021, and then fell significantly in the following year.

Export of Motorcycle and Bicycle in Denmark (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany16.520.228.832.1%
Sweden15.521.827.433.0%
Netherlands4.99.310.042.9%
Norway5.14.46.311.1%
United Kingdom3.59.84.918.3%
Belgium2.33.24.336.7%
Spain1.02.83.484.4%
Finland1.02.03.278.9%
France1.01.23.278.9%
Austria0.71.22.381.3%
Poland1.01.02.041.4%
Others7.112.611.929.5%
Total59.689.510834.6%

Top Export Markets for Motorcycle and Bicycle from Denmark in 2022:

  1. Sweden (58.2K units)
  2. Germany (55.8K units)
  3. Norway (27.2K units)
  4. Netherlands (24.5K units)
  5. Spain (12.9K units)
  6. United Kingdom (9.5K units)
  7. Finland (6.6K units)
  8. Belgium (6.0K units)
  9. Poland (5.0K units)
  10. France (4.8K units)
  11. Austria (3.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motorcycle and bicycle market in Denmark. 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:

  • Denmark

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Denmark
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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