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Report Hungary - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Nov 4, 2022

Hungary - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Market for Motorcycles and Cycles With an Auxiliary Motor 2022

Q: What are the largest markets for motorcycles and cycles with an auxiliary motor in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 27% of global consumption. Morocco, Japan, the Netherlands, Russia, Germany, Indonesia, Pakistan, Brazil, Italy and France lagged somewhat behind, together accounting for a further 30%.

Q: What are the largest producers of motorcycles and cycles with an auxiliary motor in the world?

The country with the largest volume of production of motorcycles and cycles with an auxiliary motor was China, accounting for 38% of total volume. Moreover, production of motorcycles and cycles with an auxiliary motor in China exceeded the figures recorded by the second-largest producer, Japan, fivefold. The third position in this ranking was held by India, with a 6.3% share.

Q: What are the leading suppliers of motorcycles and cycles with an auxiliary motor to Hungary?

In value terms, the largest motorcycles and cycles with an auxiliary motor suppliers to Hungary were Slovakia, Italy and Japan, together comprising 64% of total imports. China, Turkey, Slovenia and Greece lagged somewhat behind, together accounting for a further 30%.

Q: What are the leading importers of motorcycles and cycles with an auxiliary motor from Hungary?

In value terms, Germany remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Hungary, comprising 63% of total exports. The second position in the ranking was held by Denmark, with a 13% share of total exports. It was followed by Romania, with an 8.1% share.

Q: What is the average export price for motorcycles and cycles with an auxiliary motor in Hungary?

The average export price for motorcycles and cycles with an auxiliary motor stood at $528 per unit in 2021, dropping by -18.2% against the previous year.

Q: What is the average import price for motorcycles and cycles with an auxiliary motor in Hungary?

In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $226 per unit, dropping by -24.3% against the previous year.

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

After two years of growth, the Hungarian market for motorcycles and cycles with an auxiliary motor decreased by -19% to $X in 2021. Over the period under review, consumption faced a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Motorcycles and Cycles With an Auxiliary Motor in Hungary

In value terms, production of motorcycles and cycles with an auxiliary motor reduced to $X in 2021 estimated in export price. In general, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 263% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Hungary

In 2021, approx. X units of motorcycles and cycles with an auxiliary motor were exported from Hungary; reducing by -32% compared with the year before. Overall, exports saw a deep slump. The growth pace was the most rapid in 2014 when exports increased by 43%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of motorcycles and cycles with an auxiliary motor contracted remarkably to $X in 2021. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 42% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Hungary, with a 52% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to Germany exceeded the volume sent to the second major destination, Denmark (X units), fourfold. Romania (X units) ranked third in terms of total exports with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+13.5% per year) and Romania (+19.0% per year).

In value terms, Germany ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Hungary, comprising 63% of total exports. The second position in the ranking was held by Denmark ($X), with a 13% share of total exports. It was followed by Romania, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at -18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+3.9% per year) and Romania (+10.6% per year).

Export Prices by Country

In 2021, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, shrinking by -18.2% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth was the most pronounced in 2019 an increase of 51%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (-4.5%), while the prices for the other major destinations experienced a decline.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Hungary

In 2021, after two years of growth, there was decline in overseas purchases of motorcycles and cycles with an auxiliary motor, when their volume decreased by -4.2% to X units. Overall, imports, however, saw a slight increase. The most prominent rate of growth was recorded in 2017 with an increase of 54% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor declined sharply to $X in 2021. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 with an increase of 63% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Japan (X units), Turkey (X units) and China (X units) were the main suppliers of imports of motorcycles and cycles with an auxiliary motor to Hungary, with a combined 80% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +834.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycles and cycles with an auxiliary motor suppliers to Hungary were Slovakia ($X), Italy ($X) and Japan ($X), with a combined 64% share of total imports. China, Turkey, Slovenia and Greece lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, Turkey, with a CAGR of +167.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2021, dropping by -24.3% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 26%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for motorcycles and cycles with an auxiliary motor in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 27% of global consumption. Morocco, Japan, the Netherlands, Russia, Germany, Indonesia, Pakistan, Brazil, Italy and France lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of motorcycles and cycles with an auxiliary motor in the world?

The country with the largest volume of production of motorcycles and cycles with an auxiliary motor was China, accounting for 38% of total volume. Moreover, production of motorcycles and cycles with an auxiliary motor in China exceeded the figures recorded by the second-largest producer, Japan, fivefold. The third position in this ranking was held by India, with a 6.3% share.

What are the leading suppliers of motorcycles and cycles with an auxiliary motor to Hungary?

In value terms, the largest motorcycles and cycles with an auxiliary motor suppliers to Hungary were Slovakia, Italy and Japan, together comprising 64% of total imports. China, Turkey, Slovenia and Greece lagged somewhat behind, together accounting for a further 30%.

What are the leading importers of motorcycles and cycles with an auxiliary motor from Hungary?

In value terms, Germany remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Hungary, comprising 63% of total exports. The second position in the ranking was held by Denmark, with a 13% share of total exports. It was followed by Romania, with an 8.1% share.

What is the average export price for motorcycles and cycles with an auxiliary motor in Hungary?

The average export price for motorcycles and cycles with an auxiliary motor stood at $528 per unit in 2021, dropping by -18.2% against the previous year.

What is the average import price for motorcycles and cycles with an auxiliary motor in Hungary?

In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $226 per unit, dropping by -24.3% against the previous year.

This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.

Country coverage:

• Hungary

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Hungary

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance