Scandinavia: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Exports

Exports in Scandinavia

For the third consecutive year, Scandinavia recorded growth in overseas shipments of motorcycles and scooters, which increased by X% to X units in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, motorcycle and scooter exports skyrocketed to $X in 2022. Overall, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Sweden was the main exporter of motorcycles and scooters in Scandinavia, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Finland (X units), comprising a X% share of total exports. Norway (X units) held a minor share of total exports.

Sweden was also the fastest-growing in terms of the motorcycles and scooters exports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Finland 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, Sweden ($X) remains the largest motorcycle and scooter supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, motorcycle and scooter exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

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

Motorcycle And Scooter Imports

Imports in Scandinavia

In 2022, imports of motorcycles and scooters in Scandinavia reduced to X units, falling by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, motorcycle and scooter imports expanded remarkably to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value 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 pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Sweden (X units) and Norway (X units) were the major importers of motorcycles and scooters in Scandinavia, together mixing up X% of total imports. It was distantly followed by Finland (X units), achieving a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest motorcycle and scooter importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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