Singapore - 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 Singapore - 2022
Contents:
- Price for Motorcycle, Scooter and Side-Car in Singapore (CIF) - 2022
- Price for Motorcycle, Scooter and Side-Car in Singapore (FOB) - 2022
- Imports of Motorcycle, Scooter and Side-Car in Singapore
- Exports of Motorcycle, Scooter and Side-Car in Singapore
Price for Motorcycle, Scooter and Side-Car in Singapore (CIF) - 2022
In 2022, the average motorcycle, scooter and side-car import price amounted to $3,250 per unit, increasing by 7.4% against the previous year. Over the period under review, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2018 an increase of 28%. The import price peaked at $5,993 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($17,288 per unit), while the price for China ($599 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Motorcycle, Scooter and Side-Car in Singapore (FOB) - 2022
The average motorcycle, scooter and side-car export price stood at $4,439 per unit in 2022, rising by 3.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 50% against the previous year. The export price peaked at $8,421 per unit in 2016; however, from 2017 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 China ($13,360 per unit), while the average price for exports to Thailand ($306 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 Cambodia (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Motorcycle, Scooter and Side-Car in Singapore
For the third year in a row, Singapore recorded decline in supplies from abroad of motorcycles, scooters and side-cars, which decreased by -8.9% to 24K units in 2022. In general, imports showed a sharp reduction. Over the period under review, imports attained the maximum at 77K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, motorcycle, scooter and side-car imports reduced slightly to $80M in 2022. Overall, imports continue to indicate a abrupt slump. Over the period under review, imports reached the maximum at $151M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Motorcycle, Scooter and Side-Car in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 27.9 | 18.4 | 16.5 | 17.4 | -14.6% |
| Japan | 18.5 | 16.5 | 13.4 | 13.2 | -10.6% |
| United States | 49.4 | 21.1 | 19.2 | 9.7 | -41.9% |
| Thailand | 9.5 | 4.7 | 5.1 | 6.4 | -12.3% |
| Austria | 7.7 | 5.6 | 5.4 | 6.2 | -7.0% |
| China | 15.9 | 5.8 | 3.7 | 4.8 | -32.9% |
| India | 4.1 | 3.1 | 2.1 | 4.0 | -0.8% |
| Vietnam | 2.1 | 2.7 | 2.7 | 3.4 | 17.4% |
| Others | 16.2 | 15.1 | 13.4 | 14.5 | -3.6% |
| Total | 151 | 92.9 | 81.3 | 79.6 | -19.2% |
Top Suppliers of Motorcycle, Scooter and Side-Car to Singapore in 2022:
- China (8.1K units)
- Indonesia (7.0K units)
- Japan (1.8K units)
- India (1.7K units)
- Vietnam (1.7K units)
- Thailand (1.2K units)
- Austria (0.8K units)
- United States (0.6K units)
Exports of Motorcycle, Scooter and Side-Car in Singapore
In 2022, overseas shipments of motorcycles, scooters and side-cars decreased by -29% to 8.1K units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 1.5%. As a result, the exports attained the peak of 20K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, motorcycle, scooter and side-car exports contracted significantly to $36M in 2022. Overall, exports continue to indicate a dramatic slump. The exports peaked at $106M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Motorcycle, Scooter and Side-Car in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 10.9 | 12.9 | 13.7 | 14.3 | 9.5% |
| Malaysia | 5.5 | 2.0 | 5.8 | 5.7 | 1.2% |
| China | 19.5 | 4.6 | 1.6 | 4.7 | -37.8% |
| Taiwan (Chinese) | 6.8 | 9.9 | 4.2 | 3.5 | -19.9% |
| Hong Kong SAR | 3.3 | 4.6 | 1.7 | 1.9 | -16.8% |
| Japan | 1.5 | 2.0 | 1.7 | 1.7 | 4.3% |
| Brunei Darussalam | 0.9 | 1.6 | 1.1 | 1.3 | 13.0% |
| Thailand | 5.4 | 3.3 | 1.4 | 0.7 | -49.4% |
| Netherlands | 1.9 | 0.8 | 1.2 | 0.4 | -40.5% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Philippines | 2.8 | 1.9 | 0.1 | 0.1 | -67.1% |
| South Korea | 37.5 | 25.2 | 13.6 | 0.1 | -86.1% |
| Slovenia | N/A | 0.3 | N/A | N/A | 0% |
| Others | 10.3 | 4.0 | 2.9 | 1.4 | -48.6% |
| Total | 106 | 73.0 | 49.1 | 35.9 | -30.3% |
Top Export Markets for Motorcycle, Scooter and Side-Car from Singapore in 2022:
- Thailand (2394.0 units)
- Indonesia (1539.0 units)
- Malaysia (1086.0 units)
- Taiwan (Chinese) (743.0 units)
- United Arab Emirates (615.0 units)
- China (353.0 units)
- Brunei Darussalam (313.0 units)
- Hong Kong SAR (282.0 units)
- Japan (250.0 units)
- Netherlands (79.0 units)
- South Korea (18.0 units)
- Philippines (17.0 units)
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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