Uzbekistan: Market for Motorcycles, Scooters And Side-Cars 2022

Market Size for Motorcycles, Scooters And Side-Cars in Uzbekistan

The Uzbek motorcycle, scooter and side-car market soared to $X in 2021, with an increase of 64% 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 continues to indicate a significant increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Exports of Motorcycles, Scooters And Side-Cars

Exports from Uzbekistan

In 2021, the amount of motorcycles, scooters and side-cars exported from Uzbekistan soared to X units, growing by 20% compared with the previous year's figure. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by 40%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, motorcycle, scooter and side-car exports soared to $X in 2021. Overall, exports recorded a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 73% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia (X units), France (X units) and Tajikistan (X units) were the main destinations of motorcycle, scooter and side-car exports from Uzbekistan, together comprising 25% of total exports.

From 2018 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) emerged as the key foreign market for motorcycle, scooter and side-car exports from Uzbekistan, comprising 31% of total exports. The second position in the ranking was taken by France ($X), with a 9.1% share of total exports.

From 2018 to 2021, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and Tajikistan (-66.6% per year).

Export Prices by Country

The average motorcycle, scooter and side-car export price stood at $X per unit in 2021, jumping by 16% against the previous year. Over the period from 2018 to 2021, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Russia ($X per unit), while the average price for exports to Tajikistan ($X per unit) was amongst the lowest.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-30.5%).

Imports of Motorcycles, Scooters And Side-Cars

Imports into Uzbekistan

Motorcycle, scooter and side-car imports into Uzbekistan surged to X units in 2021, with an increase of 43% on the previous year's figure. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 591% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, motorcycle, scooter and side-car imports skyrocketed to $X in 2021. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by 338% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest motorcycle, scooter and side-car supplier to Uzbekistan, accounting for a 48% share of total imports. It was followed by South Korea (X units), with a 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +24.3%.

In value terms, China ($X) constituted the largest supplier of motorcycle, scooter and side-car to Uzbekistan, comprising 37% of total imports. The second position in the ranking was held by South Korea ($X), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +4.9%.

Import Prices by Country

The average motorcycle, scooter and side-car import price stood at $X per unit in 2021, surging by 4.5% against the previous year. In general, the import price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 62% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+41.4%).

Source: IndexBox Market Intelligence Platform

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