MERCOSUR: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in MERCOSUR

The MERCOSUR motorcycle and scooter market fell dramatically to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Motorcycle And Scooter Production in MERCOSUR

In value terms, motorcycle and scooter production fell modestly to $X in 2022 estimated in export price. Overall, production showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Motorcycle And Scooter Exports

Exports in MERCOSUR

In 2022, approx. X units of motorcycles and scooters were exported in MERCOSUR; approximately reflecting 2021. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, motorcycle and scooter exports reached $X in 2022. Over the period under review, exports showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil was the major exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Colombia (X units), mixing up a X% share of total exports. Chile (X units) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) illustrated a downward trend over the same period. Colombia (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest motorcycle and scooter supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain 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 Brazil ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the export price figures.

Motorcycle And Scooter Imports

Imports in MERCOSUR

After two years of growth, purchases abroad of motorcycles and scooters decreased by X% to X units in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, motorcycle and scooter imports shrank significantly to $X in 2022. Over the period under review, imports recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X units) was the key importer of motorcycles and scooters, achieving X% of total imports. Peru (X units) took the second position in the ranking, followed by Ecuador (X units) and Chile (X units). All these countries together held near X% share of total imports. Colombia (X units), Uruguay (X units), Venezuela (X units) and Brazil (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ecuador (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest motorcycle and scooter importing markets in MERCOSUR were Argentina ($X), Peru ($X) and Ecuador ($X), together accounting for X% of total imports.

Among the main importing countries, Ecuador, with a CAGR of X%, saw 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

The import price in MERCOSUR stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per unit), while Venezuela ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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