Colombia - Motorcycles, Scooters and Side-Cars - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Colombia - Motorcycles, Scooters and Side-Cars - Market Analysis, Forecast, Size, Trends And Insights

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Price for Motorcycle, Scooter and Side-Car in Colombia - 2022

Contents:

  1. Price for Motorcycle, Scooter and Side-Car in Colombia (CIF) - 2022
  2. Price for Motorcycle, Scooter and Side-Car in Colombia (FOB) - 2022
  3. Imports of Motorcycle, Scooter and Side-Car in Colombia
  4. Exports of Motorcycle, Scooter and Side-Car in Colombia

Price for Motorcycle, Scooter and Side-Car in Colombia (CIF) - 2022

The average motorcycle, scooter and side-car import price stood at $1,255 per unit in 2022, increasing by 48% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,473 per unit), while the price for China ($557 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Motorcycle, Scooter and Side-Car in Colombia (FOB) - 2022

In 2022, the average motorcycle, scooter and side-car export price amounted to $1,118 per unit, with an increase of 14% against the previous year. In general, the export price, however, saw a perceptible decline. The growth pace was the most rapid in 2017 when the average export price increased by 54%. As a result, the export price attained the peak level of $1,988 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($2,079 per unit), while the average price for exports to Mexico ($480 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Motorcycle, Scooter and Side-Car in Colombia

In 2022, the amount of motorcycles, scooters and side-cars imported into Colombia dropped markedly to 134K units, with a decrease of -85.2% compared with the previous year's figure. Overall, imports showed a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 74%. As a result, imports reached the peak of 904K units, and then contracted markedly in the following year.

In value terms, motorcycle, scooter and side-car imports plummeted to $168M in 2022. In general, imports showed a significant contraction. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year. As a result, imports attained the peak of $766M, and then reduced dramatically in the following year.

Import of Motorcycle, Scooter and Side-Car in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16816333659.9-29.1%
Brazil13.719.746.434.135.5%
Japan9.36.97.515.418.3%
India2111652997.9-66.5%
Taiwan (Chinese)12.013.54.84.6-27.4%
Others39.732.672.046.05.0%
Total454401766168-28.2%

Top Suppliers of Motorcycle, Scooter and Side-Car to Colombia in 2022:

  1. China (107.4K units)
  2. Brazil (11.5K units)
  3. India (5.0K units)
  4. Japan (2.4K units)
  5. Taiwan (Chinese) (1.4K units)

Exports of Motorcycle, Scooter and Side-Car in Colombia

In 2022, approx. 11K units of motorcycles, scooters and side-cars were exported from Colombia; with a decrease of -10.7% compared with the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. As a result, the exports reached the peak of 12K units, and then fell in the following year.

In value terms, motorcycle, scooter and side-car exports totaled $12M in 2022. In general, exports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 when exports increased by 19%. The exports peaked at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Motorcycle, Scooter and Side-Car in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador11.47.110.09.7-5.2%
ChileN/A0.30.80.752.8%
PeruN/A0.30.40.415.5%
Venezuela0.70.9N/A0.3-24.6%
BrazilN/AN/AN/A0.20%
BoliviaN/AN/A0.20.20.0%
MexicoN/AN/A0.10.10.0%
Others0.41.30.40.40.0%
Total12.510.011.912.1-1.1%

Top Export Markets for Motorcycle, Scooter and Side-Car from Colombia in 2022:

  1. Ecuador (8.8K units)
  2. Chile (0.4K units)
  3. Brazil (0.3K units)
  4. Peru (0.3K units)
  5. Mexico (0.2K units)
  6. Bolivia (0.2K units)
  7. Venezuela (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Colombia. 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.
  • Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine

Country coverage:

  • Colombia

Data coverage:

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