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

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

For the fourth consecutive year, the Slovene market for motorcycles and cycles with an auxiliary motor recorded decline in sales value, which decreased by X% to $X in 2023. Overall, consumption, however, showed a pronounced expansion. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Slovenia

In 2023, exports of motorcycles and cycles with an auxiliary motor from Slovenia fell markedly to X units, dropping by X% against 2022 figures. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor declined rapidly to $X in 2023. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

Hungary (X units), Bosnia and Herzegovina (X units) and Serbia (X units) were the main destinations of exports of motorcycles and cycles with an auxiliary motor from Slovenia, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motorcycles and cycles with an auxiliary motor exported from Slovenia were Serbia ($X), Bosnia and Herzegovina ($X) and Hungary ($X), with a combined X% share of total exports.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The average export price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2023, shrinking by X% against the previous year. In general, export price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to North Macedonia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), 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 Slovenia

In 2023, the amount of motorcycles and cycles with an auxiliary motor imported into Slovenia declined remarkably to X units, which is down by X% on the year before. In general, imports, however, showed perceptible growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports of attained the maximum at X units in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor reduced dramatically to $X in 2023. Over the period under review, imports, however, showed resilient growth. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2022, and then declined dramatically in the following year.

Imports by Country

China (X units), Italy (X units) and France (X units) were the main suppliers of imports of motorcycles and cycles with an auxiliary motor to Slovenia, together comprising X% of total imports. These countries were followed by Japan, which accounted for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and France ($X) were the largest motorcycles and cycles with an auxiliary motor suppliers to Slovenia, with a combined X% share of total imports. These countries were followed by Japan, which accounted for a further X%.

In terms of the main suppliers, Japan, 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

In 2023, 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, import price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for motorcycles and cycles with an auxiliary motor increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit; afterwards, it flattened through to 2023.

Prices varied noticeably by country of origin: amid the top importers, 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 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform