Austria: Motorcycle And Bicycle Market 2024

Motorcycle And Bicycle Market Size in Austria

In 2022, the Austrian motorcycle and bicycle market was finally on the rise to reach $X after two years of decline. In general, consumption posted strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Motorcycle And Bicycle Production in Austria

In value terms, motorcycle and bicycle production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a abrupt decline. Motorcycle and bicycle production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Motorcycle And Bicycle Exports

Exports from Austria

In 2022, shipments abroad of motorcycles and bicycles increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, motorcycle and bicycle exports rose rapidly to $X in 2022. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X units) was the main destination for motorcycle and bicycle exports from Austria, with a X% share of total exports. Moreover, motorcycle and bicycle exports to Germany exceeded the volume sent to the second major destination, the United States (X units), threefold. Poland (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 Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Poland (X% per year).

In value terms, the largest markets for motorcycle and bicycle exported from Austria were Germany ($X), the United States ($X) and France ($X), together accounting for X% of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average motorcycle and bicycle export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Slovakia ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Bicycle Imports

Imports into Austria

In 2022, the amount of motorcycles and bicycles imported into Austria soared to X units, jumping by X% compared with the previous year. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, motorcycle and bicycle imports surged to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Germany (X units), Cambodia (X units) and Poland (X units) were the main suppliers of motorcycle and bicycle imports to Austria, together comprising X% of total imports. The Czech Republic, the Netherlands, Italy, Bulgaria, Bangladesh, India, China, Taiwan (Chinese), Belgium and Indonesia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of motorcycles and bicycles to Austria, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with an X% share of total imports. It was followed by Bulgaria, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Bulgaria (X% per year).

Import Prices by Country

The average motorcycle and bicycle import price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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