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

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

In 2022, after two years of growth, there was significant decline in the CIS market for motorcycles and cycles with an auxiliary motor, when its value decreased by X% to $X. Overall, consumption saw a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in CIS

In value terms, production of motorcycles and cycles with an auxiliary motor amounted to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in CIS

After four years of growth, shipments abroad of motorcycles and cycles with an auxiliary motor decreased by X% to X units in 2022. In general, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports of reached the peak figure at X units in 2021, and then contracted notably in the following year.

In value terms, exports of motorcycles and cycles with an auxiliary motor shrank markedly to $X in 2022. Overall, exports, however, showed strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Russia was the major exporting country with an export of about X units, which accounted for X% of total exports. It was distantly followed by Belarus (X units), committing a X% share of total exports.

Russia 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. At the same time, Belarus (X%) displayed positive paces of growth. From 2012 to 2022, the share of Russia increased by X percentage points.

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

In Russia, exports of motorcycles and cycles with an auxiliary motor increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price posted a temperate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Russia ($X per unit), while Belarus amounted to $X per unit.

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

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in CIS

In 2022, overseas purchases of motorcycles and cycles with an auxiliary motor decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor shrank sharply to $X in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the largest importer of motorcycles and cycles with an auxiliary motor in the CIS, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X units), mixing up a X% share of total imports. Azerbaijan (X units) took a little 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 Russia stood at X%. At the same time, Azerbaijan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kazakhstan and Azerbaijan increased by X and X percentage points, respectively.

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

In Russia, imports of motorcycles and cycles with an auxiliary motor declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, growing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Azerbaijan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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