India - Side Cars and Cycles with Non-Combustion Motors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Side Car and Cycle with Non-Combustion Motor in India - 2023
Contents:
- Price for Side Car and Cycle with Non-Combustion Motor in India (CIF) - 2022
- Price for Side Car and Cycle with Non-Combustion Motor in India (FOB) - 2023
- Imports of Side Car and Cycle with Non-Combustion Motor in India
- Exports of Side Car and Cycle with Non-Combustion Motor in India
Price for Side Car and Cycle with Non-Combustion Motor in India (CIF) - 2022
The average import price for side cars and cycles with non-combustion motors stood at $289 per unit in 2022, rising by 15% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for side cars and cycles with non-combustion motors decreased by -21.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 58% against the previous year. The import price peaked at $376 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.9% per year.
Price for Side Car and Cycle with Non-Combustion Motor in India (FOB) - 2023
The average export price for side cars and cycles with non-combustion motors stood at $1,220 per unit in October 2023, with an increase of 162% against the previous month. Over the period under review, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Germany ($4,517 per unit), while the average price for exports to the UK ($409 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Side Car and Cycle with Non-Combustion Motor in India
In 2022, the amount of side cars and cycles with non-combustion motors imported into India declined significantly to 33K units, shrinking by -83.4% on the year before. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,194%. As a result, imports attained the peak of 201K units, and then declined sharply in the following year.
In value terms, imports of side cars and cycles with non-combustion motors reduced notably to $9.7M in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,462% against the previous year. As a result, imports attained the peak of $50M, and then reduced rapidly in the following year.
| Import of Side Car and Cycle with Non-Combustion Motor in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 2.6 | 49.7 | 9.1 | 49.9% |
| Others | 0.3 | 0.6 | 0.7 | 0.6 | 26.0% |
| Total | 3.0 | 3.2 | 50.4 | 9.7 | 47.9% |
Top Suppliers of Side Car and Cycle with Non-Combustion Motor to India in 2022:
- China (33.1K units)
Exports of Side Car and Cycle with Non-Combustion Motor in India
In 2022, exports of side cars and cycles with non-combustion motors from India skyrocketed to 14K units, with an increase of 30% on 2021 figures. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 251% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of side cars and cycles with non-combustion motors skyrocketed to $9.1M in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 99%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Side Car and Cycle with Non-Combustion Motor in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 511 | 435 | 1,388 | 2,463 | 68.9% |
| Germany | 79.5 | 188 | 523 | 2,334 | 208.5% |
| Nepal | 110 | 507 | 820 | 2,178 | 170.5% |
| Sri Lanka | 0.7 | N/A | N/A | 349 | 692.9% |
| Kenya | 2.3 | 0.9 | 27.9 | 195 | 339.3% |
| Australia | 39.9 | 33.6 | 36.3 | 142 | 52.7% |
| Chile | 37.7 | 3.3 | N/A | 139 | 54.5% |
| Spain | 12.2 | 1.7 | 0.4 | 122 | 115.4% |
| Denmark | N/A | N/A | N/A | 94.3 | 0% |
| United States | 401 | 179 | 206 | 54.4 | -48.6% |
| Italy | N/A | N/A | 417 | 20.4 | -95.1% |
| Others | 641 | 1,026 | 1,306 | 1,002 | 16.1% |
| Total | 1,835 | 2,374 | 4,724 | 9,094 | 70.5% |
Top Export Markets for Side Car and Cycle with Non-Combustion Motor from India in 2022:
- United Kingdom (4.9K units)
- Germany (3.0K units)
- Nepal (2.6K units)
- Chile (0.4K units)
- Sri Lanka (0.3K units)
- Kenya (0.3K units)
- Australia (0.2K units)
- Denmark (0.2K units)
- Spain (0.2K units)
- United States (0.1K units)
- Italy (0.1K units)
This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor in India. 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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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