Australia and Oceania: Motorcycle And Bicycle Market 2024

Motorcycle And Bicycle Market Size in Australia and Oceania

In 2022, the motorcycle and bicycle market in Australia and Oceania decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, saw significant growth. Over the period under review, the market reached the peak level at $X in 2021, and then dropped markedly in the following year.

Motorcycle And Bicycle Production in Australia and Oceania

In value terms, motorcycle and bicycle production surged to $X in 2022 estimated in export price. Overall, production, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Motorcycle And Bicycle Exports

Exports in Australia and Oceania

In 2022, approx. X units of motorcycles and bicycles were exported in Australia and Oceania; waning by X% against the year before. Total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle and bicycle exports rose modestly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, recording X units, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X units), creating a X% share of total exports.

Australia was also the fastest-growing in terms of the motorcycles and bicycles exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest motorcycle and bicycle supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

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

Motorcycle And Bicycle Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of motorcycles and bicycles decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then declined markedly in the following year.

In value terms, motorcycle and bicycle imports expanded sharply to $X in 2022. In general, imports, however, saw a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Australia was the major importer of motorcycles and bicycles in Australia and Oceania, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), constituting a X% share of total imports. Papua New Guinea (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the motorcycles and bicycles imports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) and Papua New Guinea (X%) displayed positive paces of growth. Australia (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea and New Zealand saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported motorcycles and bicycles in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, motorcycle and bicycle imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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