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

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

The Tanzanian market for motorcycles and cycles with an auxiliary motor rose markedly to $X in 2023, growing by X% against the previous year. In general, consumption, however, saw a drastic downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Tanzania

In value terms, production of motorcycles and cycles with an auxiliary motor expanded markedly to $X in 2023 estimated in export price. In general, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Tanzania

In 2023, overseas shipments of motorcycles and cycles with an auxiliary motor decreased by X% to X units, falling for the second consecutive year after three years of growth. Overall, exports showed a noticeable descent. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of motorcycles and cycles with an auxiliary motor soared to $X in 2023. In general, exports showed a noticeable decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

China (X units), Malawi (X units) and Burundi (X units) were the main destinations of exports of motorcycles and cycles with an auxiliary motor from Tanzania. Moreover, exports of motorcycles and cycles with an auxiliary motor in China exceeded the figures recorded by the second-largest exporter, Malawi, twofold.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malawi ($X) and Burundi ($X) were the largest markets for motorcycles and cycles with an auxiliary motor exported from Tanzania worldwide.

Among the main countries of destination, Malawi, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2023, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. The export price peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Malawi ($X per unit), while the average price for exports to Burundi ($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 Malawi (X%), while the prices for the other major destinations experienced a decline.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Tanzania

In 2023, after two years of decline, there was significant growth in purchases abroad of motorcycles and cycles with an auxiliary motor, when their volume increased by X% to X units. In general, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor fell to $X in 2023. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Indonesia (X units), Japan (X units) and India (X units) were the main suppliers of imports of motorcycles and cycles with an auxiliary motor to Tanzania, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Tanzania, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2023, the average annual growth rate of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and India (X% per year).

Import Prices by Country

In 2023, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, declining by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2022, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2023, 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