Mexico - 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 Mexico - 2023
Contents:
- Price for Side Car and Cycle with Non-Combustion Motor in Mexico (CIF) - 2023
- Price for Side Car and Cycle with Non-Combustion Motor in Mexico (FOB) - 2023
- Imports of Side Car and Cycle with Non-Combustion Motor in Mexico
- Exports of Side Car and Cycle with Non-Combustion Motor in Mexico
Price for Side Car and Cycle with Non-Combustion Motor in Mexico (CIF) - 2023
In October 2023, the average import price for side cars and cycles with non-combustion motors amounted to $141 per unit, remaining relatively unchanged against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 120% m-o-m. As a result, import price reached the peak level of $267 per unit. From February 2023 to October 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to +0.9% per month.
Price for Side Car and Cycle with Non-Combustion Motor in Mexico (FOB) - 2023
In October 2023, the average export price for side cars and cycles with non-combustion motors amounted to $69.3 per unit, picking up by 8.4% against the previous month. Over the period from September 2023 to October 2023, it increased at an average monthly rate of +8.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2023 to October 2023, the rate of growth in terms of prices for the United States amounted to +8.4% per month.
Imports of Side Car and Cycle with Non-Combustion Motor in Mexico
Imports of side cars and cycles with non-combustion motors into Mexico soared to 182K units in 2022, growing by 47% against the year before. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports of reached the maximum at 229K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of side cars and cycles with non-combustion motors soared to $32M in 2022. In general, imports, however, saw a abrupt decrease. Over the period under review, imports of hit record highs at $46M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Side Car and Cycle with Non-Combustion Motor in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.7 | 11.8 | 16.4 | 27.9 | -12.5% |
| Others | 4.1 | 5.1 | 0.3 | 4.3 | 1.6% |
| Total | 45.7 | 16.9 | 16.7 | 32.1 | -11.1% |
Top Suppliers of Side Car and Cycle with Non-Combustion Motor to Mexico in 2022:
- China (180.4K units)
Exports of Side Car and Cycle with Non-Combustion Motor in Mexico
Exports of side cars and cycles with non-combustion motors from Mexico surged to 343 units in 2022, growing by 56% compared with the previous year's figure. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year. Over the period under review, the exports of attained the maximum 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 amounted to $1.4M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 76%. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Side Car and Cycle with Non-Combustion Motor in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 180 | 0% |
| Kuwait | 947 | 1,733 | 1,222 | 118 | -50.1% |
| Peru | N/A | N/A | N/A | 60.6 | 0% |
| United Arab Emirates | N/A | N/A | 3.9 | 21.4 | 448.7% |
| India | N/A | N/A | N/A | 7.1 | 0% |
| United States | N/A | 30.1 | 15.2 | 3.7 | -64.9% |
| Nicaragua | N/A | N/A | N/A | 3.0 | 0% |
| Bolivia | N/A | N/A | 15.7 | N/A | 0% |
| Costa Rica | N/A | 12.2 | 38.0 | N/A | 211.5% |
| Singapore | N/A | N/A | 0.8 | N/A | 0% |
| Ireland | 0.6 | N/A | N/A | N/A | 0% |
| Others | 85.4 | 41.1 | 36.2 | 976 | 125.2% |
| Total | 1,033 | 1,816 | 1,332 | 1,370 | 9.9% |
Top Export Markets for Side Car and Cycle with Non-Combustion Motor from Mexico in 2022:
- Netherlands (105.0 units)
- United Arab Emirates (13.0 units)
- Kuwait (8.0 units)
- Peru (6.0 units)
- India (4.0 units)
- Nicaragua (3.0 units)
- Ireland (1.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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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