Indonesia: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in Indonesia

In 2022, the Indonesian motorcycle and scooter market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Motorcycle And Scooter Production in Indonesia

In value terms, motorcycle and scooter production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Motorcycle And Scooter Exports

Exports from Indonesia

In 2022, shipments abroad of motorcycles and scooters decreased by X% to X units, falling for the third year in a row after six years of growth. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle and scooter exports contracted slightly to $X in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined slightly in the following year.

Exports by Country

The Philippines (X units) was the main destination for motorcycle and scooter exports from Indonesia, accounting for a X% share of total exports. Moreover, motorcycle and scooter exports to the Philippines exceeded the volume sent to the second major destination, Vietnam (X units), fourfold. Thailand (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Philippines amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

In value terms, the Philippines ($X) remains the key foreign market for motorcycles and scooters exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the average motorcycle and scooter export price amounted to $X per unit, with a decrease of X% against the previous year. In general, export price indicated a resilient 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, motorcycle and scooter export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Iran ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Scooter Imports

Imports into Indonesia

In 2022, motorcycle and scooter imports into Indonesia skyrocketed to X units, increasing by X% against the previous year's figure. Overall, imports, however, saw a perceptible decline. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, motorcycle and scooter imports skyrocketed to $X in 2022. In general, imports, however, recorded a mild descent. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Vietnam (X units) constituted the largest motorcycle and scooter supplier to Indonesia, with a X% share of total imports. Moreover, motorcycle and scooter imports from Vietnam exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Vietnam totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of motorcycles and scooters to Indonesia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Vietnam amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average motorcycle and scooter import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, import price indicated a modest 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, motorcycle and scooter import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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