Spain: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in Spain

The Spanish motorcycle and scooter market amounted to $X in 2022, surging by X% against the previous year. In general, consumption showed a strong expansion. Motorcycle and scooter consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Motorcycle And Scooter Production in Spain

In value terms, motorcycle and scooter production contracted to $X in 2022 estimated in export price. Overall, production recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Motorcycle And Scooter Exports

Exports from Spain

In 2022, overseas shipments of motorcycles and scooters decreased by X% to X units, falling for the second consecutive year after five years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, motorcycle and scooter exports rose notably to $X in 2022. Over the period under review, exports, however, posted a mild increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Portugal (X units), France (X units) and Austria (X units) were the main destinations of motorcycle and scooter exports from Spain, with a combined X% share of total exports. Italy, Germany, the UK, the United States, Japan and Finland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) remains the key foreign market for motorcycles and scooters exports from Spain, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Portugal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Austria (X% per year).

Export Prices by Country

The average motorcycle and scooter export price 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 most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Scooter Imports

Imports into Spain

In 2022, motorcycle and scooter imports into Spain rose to X units, growing by X% on the previous year. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, motorcycle and scooter imports rose slightly to $X in 2022. Overall, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Italy (X units) and France (X units) were the main suppliers of motorcycle and scooter imports to Spain, with a combined X% share of total imports. Japan, Austria, Thailand, Vietnam, Germany and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (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 Spain were Italy ($X), Germany ($X) and France ($X), with a combined X% share of total imports. Japan, China, Thailand, Austria, Vietnam and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, saw 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

In 2022, the average motorcycle and scooter import price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :