Slovakia: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in Slovakia

The Slovak motorcycle and scooter market shrank remarkably to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt decrease. Motorcycle and scooter consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Motorcycle And Scooter Exports

Exports from Slovakia

In 2022, the amount of motorcycles and scooters exported from Slovakia surged to X units, growing by X% on 2021 figures. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, motorcycle and scooter exports skyrocketed to $X in 2022. Overall, exports saw strong growth. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X units), Germany (X units) and Hungary (X units) were the main destinations of motorcycle and scooter exports from Slovakia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and Germany ($X) were the largest markets for motorcycle and scooter exported from Slovakia worldwide, with a combined X% share of total exports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average motorcycle and scooter export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Poland ($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 the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Motorcycle And Scooter Imports

Imports into Slovakia

In 2022, overseas purchases of motorcycles and scooters increased by X% to X units, rising for the fifth year in a row after two years of decline. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its volume 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 2017 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, motorcycle and scooter imports surged to $X in 2022. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X units), Austria (X units) and the Czech Republic (X units) were the main suppliers of motorcycle and scooter imports to Slovakia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle and scooter suppliers to Slovakia were Italy ($X), Austria ($X) and the Czech Republic ($X), with a combined X% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of X%, recorded 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 motorcycle and scooter import price stood at $X per unit in 2022, growing by X% against the previous year. In general, import price indicated buoyant growth 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 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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