Hong Kong SAR, China - Motorcycles, Scooters and Side-Cars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Motorcycle, Scooter and Side-Car in Hong Kong SAR - 2023
Contents:
- Price for Motorcycle, Scooter and Side-Car in Hong Kong SAR (CIF) - 2022
- Price for Motorcycle, Scooter and Side-Car in Hong Kong SAR (FOB) - 2022
- Imports of Motorcycle, Scooter and Side-Car in Hong Kong SAR
- Exports of Motorcycle, Scooter and Side-Car in Hong Kong SAR
Price for Motorcycle, Scooter and Side-Car in Hong Kong SAR (CIF) - 2022
The average motorcycle, scooter and side-car import price stood at $457 per unit in 2022, rising by 74% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The import price peaked at $3,537 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,159 per unit), while the price for China ($190 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Motorcycle, Scooter and Side-Car in Hong Kong SAR (FOB) - 2022
The average motorcycle, scooter and side-car export price stood at $376 per unit in 2022, increasing by 31% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 92%. Over the period under review, the average export prices hit record highs at $2,529 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($3,260 per unit), while the average price for exports to China ($133 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 Israel (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Motorcycle, Scooter and Side-Car in Hong Kong SAR
In 2022, overseas purchases of motorcycles, scooters and side-cars decreased by -75.6% to 153K units, falling for the second consecutive year after two years of growth. Overall, imports faced a sharp curtailment. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of 725K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, motorcycle, scooter and side-car imports declined significantly to $70M in 2022. In general, imports continue to indicate a precipitous descent. The smallest decline of -9.2% was in 2020. Imports peaked at $299M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Motorcycle, Scooter and Side-Car in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 244 | 218 | 115 | 26.9 | -52.1% |
| Taiwan (Chinese) | 10.3 | 12.6 | 11.7 | 7.8 | -8.9% |
| Others | 44.3 | 41.4 | 38.6 | 35.3 | -7.3% |
| Total | 299 | 271 | 165 | 70.0 | -38.4% |
Top Suppliers of Motorcycle, Scooter and Side-Car to Hong Kong SAR in 2022:
- China (141.8K units)
- Taiwan (Chinese) (3.6K units)
Exports of Motorcycle, Scooter and Side-Car in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of motorcycles, scooters and side-cars, which decreased by -74.3% to 89K units in 2022. Overall, exports showed a precipitous curtailment. The smallest decline of -8.4% was in 2020. Over the period under review, the exports attained the peak figure at 891K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, motorcycle, scooter and side-car exports fell sharply to $34M in 2022. In general, exports recorded a significant contraction. The smallest decline of -7.8% was in 2020. The exports peaked at $218M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Motorcycle, Scooter and Side-Car in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 7.4 | 6.0 | 8.6 | 5.8 | -7.8% |
| Mexico | 0.3 | 1.0 | 0.9 | 5.2 | 158.8% |
| Netherlands | 8.0 | 17.4 | 5.3 | 2.7 | -30.4% |
| China | 4.7 | 3.5 | 1.9 | 2.6 | -17.9% |
| United States | 9.8 | 5.9 | 3.9 | 1.7 | -44.2% |
| Germany | 7.5 | 2.3 | 3.9 | 1.5 | -41.5% |
| Sweden | 0.7 | 7.2 | 19.7 | 1.4 | 26.0% |
| Australia | 1.2 | 1.0 | 1.3 | 0.9 | -9.1% |
| Turkey | 0.4 | 3.9 | 4.5 | 0.8 | 26.0% |
| Greece | 3.6 | 0.3 | 2.9 | 0.8 | -39.4% |
| Egypt | N/A | N/A | 0.9 | 0.6 | -33.3% |
| United Arab Emirates | N/A | N/A | N/A | 0.6 | 0% |
| Israel | 2.1 | 0.9 | 0.9 | 0.5 | -38.0% |
| Others | 172 | 152 | 44.9 | 8.5 | -63.3% |
| Total | 218 | 201 | 99.6 | 33.6 | -46.4% |
Top Export Markets for Motorcycle, Scooter and Side-Car from Hong Kong SAR in 2022:
- China (19.7K units)
- United States (10.3K units)
- Netherlands (9.0K units)
- Sweden (5.4K units)
- Germany (5.4K units)
- Turkey (4.6K units)
- Mexico (4.4K units)
- Greece (4.0K units)
- Australia (3.5K units)
- United Arab Emirates (2.6K units)
- Israel (2.4K units)
- Egypt (2.1K units)
- Macao SAR (1.8K units)
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Hong Kong SAR, 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 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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:
- 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
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