Asia-Pacific: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Asia-Pacific

The Asia-Pacific market for motorcycles and cycles with an auxiliary motor skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption, however, saw a pronounced downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Asia-Pacific

In value terms, production of motorcycles and cycles with an auxiliary motor expanded slightly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in Asia-Pacific

After five years of growth, shipments abroad of motorcycles and cycles with an auxiliary motor decreased by X% to X units in 2022. In general, exports recorded a perceptible decline. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor dropped markedly to $X in 2022. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China represented the main exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Japan (X units), achieving a X% share of total exports.

China was also the fastest-growing in terms of the motorcycles and cycles with an auxiliary motor exports, with a CAGR of X% from 2012 to 2022. Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest motorcycles and cycles with an auxiliary motor supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while Japan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%).

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in Asia-Pacific

In 2022, purchases abroad of motorcycles and cycles with an auxiliary motor decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor rose sharply to $X in 2022. Over the period under review, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Japan (X units), New Zealand (X units), Cambodia (X units) and Australia (X units) represented roughly X% of total imports in 2022. It was distantly followed by the Philippines (X units), mixing up a X% share of total imports. French Polynesia (X units), Indonesia (X units), Myanmar (X units), Afghanistan (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycles and cycles with an auxiliary motor importing markets in Asia-Pacific were Japan ($X), Australia ($X) and New Zealand ($X), together accounting for X% of total imports. Cambodia, Indonesia, French Polynesia, the Philippines, Afghanistan, Vietnam and Myanmar lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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