Benelux: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in Benelux

In 2022, the Benelux motorcycle and scooter market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. In general, consumption, however, saw tangible growth. As a result, consumption reached the peak level of $X, and then dropped remarkably in the following year.

Motorcycle And Scooter Production in Benelux

In value terms, motorcycle and scooter production contracted rapidly to $X in 2022 estimated in export price. Overall, production posted a prominent increase. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Motorcycle And Scooter Exports

Exports in Benelux

In 2022, shipments abroad of motorcycles and scooters decreased by X% to X units for the first time since 2013, thus ending a eight-year rising trend. Over the period under review, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then reduced modestly in the following year.

In value terms, motorcycle and scooter exports dropped to $X in 2022. Overall, exports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

The shipments of the two major exporters of motorcycles and scooters, namely Belgium and the Netherlands, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of X%).

In value terms, Belgium ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

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

Motorcycle And Scooter Imports

Imports in Benelux

In 2022, supplies from abroad of motorcycles and scooters decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, imports saw a mild contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, motorcycle and scooter imports shrank markedly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X units) represented the main importer of motorcycles and scooters, committing X% of total imports. It was distantly followed by the Netherlands (X units), constituting a X% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of motorcycles and scooters. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported motorcycles and scooters in Benelux, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

In Belgium, motorcycle and scooter imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Luxembourg (X% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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

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

Source: IndexBox Platform

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