Report Kuwait - 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

Kuwait - 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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Kuwait: Market for Motorcycles and Cycles With an Auxiliary Motor 2022

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

The Kuwaiti market for motorcycles and cycles with an auxiliary motor contracted rapidly to $X in 2021, declining by -30.1% against the previous year. In general, consumption continues to indicate a pronounced descent. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Production of Motorcycles and Cycles With an Auxiliary Motor in Kuwait

In value terms, production of motorcycles and cycles with an auxiliary motor shrank sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a mild descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 161%. As a result, production attained the peak level of $X, and then dropped remarkably in the following year.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Kuwait

In 2021, shipments abroad of motorcycles and cycles with an auxiliary motor increased by 233% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 1,080%. Over the period under review, the exports of reached the maximum at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor skyrocketed to $X in 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,545% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X units), Saudi Arabia (X units) and Iran (X units) were the main destinations of exports of motorcycles and cycles with an auxiliary motor from Kuwait, together accounting for 90% of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor in Egypt exceeded the figures recorded by the second-largest exporter, Saudi Arabia, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of +27.7%), while the other leaders experienced more modest paces of growth.

In value terms, Iran ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Kuwait, comprising 61% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 11% share of total exports. It was followed by Qatar, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Iran stood at +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+43.1% per year) and Qatar (+59.2% per year).

Export Prices by Country

The average export price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2021, picking up by 5.7% against the previous year. In general, the export price posted prominent growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 67%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Egypt ($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 Qatar (+42.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Kuwait

In 2021, after four years of decline, there was significant growth in overseas purchases of motorcycles and cycles with an auxiliary motor, when their volume increased by 21% to X units. Over the period under review, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of 25%. As a result, imports attained the peak of X units. From 2014 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 skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 85% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Kuwait, accounting for a 55% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from Japan exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fourfold. Germany (X units) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan stood at -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.4% per year) and Germany (-13.4% per year).

In value terms, the United Arab Emirates ($X), Japan ($X) and Germany ($X) constituted the largest motorcycles and cycles with an auxiliary motor suppliers to Kuwait, with a combined 57% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +18.9%, recorded the highest growth rate of 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

In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, growing by 7% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for motorcycles and cycles with an auxiliary motor decreased by -29.1% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 48%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 27% share 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?
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China remains the largest motorcycles and cycles with an auxiliary motor producing country worldwide, comprising approx. 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 Kuwait?
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In value terms, the United Arab Emirates, Japan and Germany appeared to be the largest motorcycles and cycles with an auxiliary motor suppliers to Kuwait, together comprising 57% of total imports.
What are the leading importers of motorcycles and cycles with an auxiliary motor from Kuwait?
+
In value terms, Iran remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Kuwait, comprising 61% of total exports. The second position in the ranking was taken by Saudi Arabia, with an 11% share of total exports. It was followed by Qatar, with a 10% share.
What is the average export price for motorcycles and cycles with an auxiliary motor in Kuwait?
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In 2021, the average export price for motorcycles and cycles with an auxiliary motor amounted to $3,429 per unit, growing by 5.7% against the previous year.
What is the average import price for motorcycles and cycles with an auxiliary motor in Kuwait?
+
In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $1,067 per unit, growing by 7% against the previous year.

This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor in Kuwait. 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:
• Kuwait

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Kuwait
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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