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

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

The Cameroonian market for motorcycles and cycles with an auxiliary motor declined to $X in 2023, dropping by X% against the previous year. Overall, consumption recorded a perceptible downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Cameroon

In value terms, production of motorcycles and cycles with an auxiliary motor contracted to $X in 2023 estimated in export price. Overall, production saw a noticeable descent. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Cameroon

In 2023, exports of motorcycles and cycles with an auxiliary motor from Cameroon amounted to X units, approximately mirroring the previous year's figure. Over the period under review, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports of reached the maximum at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor reduced to $X in 2023. In general, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Central African Republic (X units), Equatorial Guinea (X units) and Benin (X units) were the main destinations of exports of motorcycles and cycles with an auxiliary motor from Cameroon, together accounting for X% of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor in Central African Republic exceeded the figures recorded by the second-largest exporter, Equatorial Guinea, twofold.

From 2012 to 2023, the biggest increases were recorded for Central African Republic (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Central African Republic ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by Equatorial Guinea ($X), with an X% share of total exports. It was followed by Congo, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Central African Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (X% per year) and Congo (X% per year).

Export Prices by Country

In 2023, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, approximately reflecting the previous year. In general, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($X per unit), while the average price for exports to Benin ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Cameroon

In 2023, after two years of decline, there was significant growth in purchases abroad of motorcycles and cycles with an auxiliary motor, when their volume increased by X% to X units. In general, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor surged to $X in 2023. Over the period under review, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Benin (X units) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Cameroon, with a X% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from Benin exceeded the figures recorded by the second-largest supplier, Japan (X units), sevenfold. India (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Benin stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and India (X% per year).

In value terms, Benin ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Cameroon, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2023, the average annual growth rate of value from Benin amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and India (X% per year).

Import Prices by Country

In 2023, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform