Australia: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Australia

In 2022, the Australian market for motorcycles and cycles with an auxiliary motor increased by X% to $X, rising for the fifth year in a row after five years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Australia

In value terms, production of motorcycles and cycles with an auxiliary motor stood at $X in 2022 estimated in export price. In general, production saw a pronounced increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Australia

In 2022, after four years of growth, there was significant decline in shipments abroad of motorcycles and cycles with an auxiliary motor, when their volume decreased by X% to X units. Overall, exports saw a slight reduction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at X units in 2021, and then shrank sharply in the following year.

In value terms, exports of motorcycles and cycles with an auxiliary motor contracted notably to $X in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Singapore (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Australia, with a X% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to Singapore exceeded the volume sent to the second major destination, Fiji (X units), more than tenfold. New Zealand (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and New Zealand (X% per year).

In value terms, Singapore ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Australia, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to New Zealand ($X 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 Vanuatu (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Australia

After two years of growth, supplies from abroad of motorcycles and cycles with an auxiliary motor decreased by X% to X units in 2022. Over the period under review, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of motorcycles and cycles with an auxiliary motor totaled $X in 2022. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Australia, with a X% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. Austria (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Austria (X% per year).

In value terms, the largest motorcycles and cycles with an auxiliary motor suppliers to Australia were China ($X), Japan ($X) and Austria ($X), together accounting for X% of total imports.

In terms of the main suppliers, Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2022, growing by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price 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, import price for motorcycles and cycles with an auxiliary motor increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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