Central Asia: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Central Asia

For the third consecutive year, the Central Asian market for motorcycles and cycles with an auxiliary motor recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a mild expansion from 2012 to 2022: its value 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, consumption increased by X% against 2016 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Motorcycles and Cycles With an Auxiliary Motor in Central Asia

In value terms, production of motorcycles and cycles with an auxiliary motor totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in Central Asia

In 2022, overseas shipments of motorcycles and cycles with an auxiliary motor increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports, however, faced a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of motorcycles and cycles with an auxiliary motor surged to $X in 2022. Overall, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Uzbekistan was the key exporter of motorcycles and cycles with an auxiliary motor in Central Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Kazakhstan (X units), achieving a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the motorcycles and cycles with an auxiliary motor exports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) emerged as the largest motorcycles and cycles with an auxiliary motor supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan totaled $X per unit.

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

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in Central Asia

For the third year in a row, Central Asia recorded growth in overseas purchases of motorcycles and cycles with an auxiliary motor, which increased by X% to X units in 2022. Over the period under review, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of motorcycles and cycles with an auxiliary motor skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Kazakhstan prevails in motor structure, reaching X units, which was near X% of total imports in 2022. The following importers - Tajikistan (X units) and Uzbekistan (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to motorcycles and cycles with an auxiliary motor imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Uzbekistan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) and Tajikistan (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported motorcycles and cycles with an auxiliary motor in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, which is down by X% against the previous year. Import price indicated a noticeable expansion 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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