Belarus: Market for Motorcycles and Cycles With an Auxiliary Motor 2022

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

In 2021, the Belarusian market for motorcycles and cycles with an auxiliary motor increased by 44% to $X, rising for the second consecutive year after seven years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Belarus

In value terms, production of motorcycles and cycles with an auxiliary motor shrank rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by 92% against the previous year. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Belarus

In 2021, approx. X units of motorcycles and cycles with an auxiliary motor were exported from Belarus; increasing by 337% on the year before. Overall, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of motorcycles and cycles with an auxiliary motor skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 172% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Belarus, accounting for a 99% share of total exports. It was followed by Azerbaijan (X units), with a 0.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +11.6%.

In value terms, Russia ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Belarus, comprising 94% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -5.8%.

Export Prices by Country

In 2021, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, declining by -40% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to Russia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+0.1%).

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Belarus

In 2021, approx. X units of motorcycles and cycles with an auxiliary motor were imported into Belarus; jumping by 194% compared with the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of motorcycles and cycles with an auxiliary motor skyrocketed to $X in 2021. In general, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main motorcycles and cycles with an auxiliary motor supplier to Belarus, with a 94% 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, Russia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+47.5% per year) and Japan (-18.3% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Belarus, comprising 77% of total imports. The second position in the ranking was taken by Russia ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+48.1% per year) and Japan (-23.9% per year).

Import Prices by Country

The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2021, declining by -50.5% against the previous year. Over the period under review, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 56%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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