Czech Republic: Motorcycle And Bicycle Market 2024

Motorcycle And Bicycle Market Size in the Czech Republic

The Czech motorcycle and bicycle market soared to $X in 2022, increasing by X% against the previous year. Overall, consumption showed buoyant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Motorcycle And Bicycle Production in the Czech Republic

In value terms, motorcycle and bicycle production soared to $X in 2022 estimated in export price. Over the period under review, production posted a prominent expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Motorcycle And Bicycle Exports

Exports from the Czech Republic

After two years of decline, shipments abroad of motorcycles and bicycles increased by X% to X units in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, motorcycle and bicycle exports skyrocketed to $X in 2022. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units), the Netherlands (X units) and Slovakia (X units) were the main destinations of motorcycle and bicycle exports from the Czech Republic, together comprising X% of total exports. Poland, Austria, Hungary, France and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for motorcycles and bicycles exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Slovakia (X% per year).

Export Prices by Country

The average motorcycle and bicycle export price stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Bicycle Imports

Imports into the Czech Republic

In 2022, the amount of motorcycles and bicycles imported into the Czech Republic stood at X units, increasing by X% against 2021. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, motorcycle and bicycle imports expanded remarkably to $X in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of motorcycle and bicycle imports to the Czech Republic, together accounting for X% of total imports. The Netherlands, Germany, Austria, Slovakia, Belgium, India, Thailand, Italy, Sri Lanka and Cambodia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) constituted the largest motorcycle and bicycle suppliers to the Czech Republic, together accounting for X% of total imports. The Netherlands, China, Poland, Taiwan (Chinese), Belgium, Slovakia, India, Cambodia, Sri Lanka and Thailand lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motorcycle and bicycle import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Thailand ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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