Slovakia: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

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

The Slovak market for motorcycles and cycles with an auxiliary motor soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, recorded a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Slovakia

In value terms, production of motorcycles and cycles with an auxiliary motor surged to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Slovakia

In 2022, the amount of motorcycles and cycles with an auxiliary motor exported from Slovakia was estimated at X units, surging by X% on 2021. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor amounted to $X in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Slovakia, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hungary stood at X%.

In value terms, Hungary ($X) also remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Slovakia.

From 2012 to 2022, the average annual growth rate of value to Hungary amounted to X%.

Export Prices by Country

The average export price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price saw a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to X% per year.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Slovakia

For the third year in a row, Slovakia recorded decline in supplies from abroad of motorcycles and cycles with an auxiliary motor, which decreased by X% to X units in 2022. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor shrank notably to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest motorcycles and cycles with an auxiliary motor supplier to Slovakia, accounting for a X% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from Italy exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. The third position in this ranking was taken by Switzerland (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Switzerland (X% per year).

In value terms, Italy ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Slovakia, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price saw a strong increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked 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 Austria ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :