Global Motorcycle And Bicycle Market 2024

Motorcycle And Bicycle Market Size

The global motorcycle and bicycle market expanded slightly to $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Over the period under review, the global market reached the peak level in 2022 and is likely to see steady growth in the near future.

Motorcycle And Bicycle Production

In value terms, motorcycle and bicycle production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Motorcycle And Bicycle Exports

Exports

After two years of growth, overseas shipments of motorcycles and bicycles decreased by X% to X units in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum at X units in 2021, and then fell notably in the following year.

In value terms, motorcycle and bicycle exports totaled $X in 2022. Overall, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China dominates exports structure, accounting for X units, which was near X% of total exports in 2022. The following exporters - India (X units), Japan (X units), Cambodia (X units), Taiwan (Chinese) (X units), Indonesia (X units), Italy (X units), the Netherlands (X units) and Bangladesh (X units) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of motorcycles and bicycles. At the same time, Cambodia (X%), Bangladesh (X%), India (X%), Indonesia (X%), the Netherlands (X%) and Italy (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. India (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the global exports, while China and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest motorcycle and bicycle supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

In China, motorcycle and bicycle exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average motorcycle and bicycle export price amounted to $X per unit, rising by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motorcycle and bicycle export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The global export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other global leaders experienced more modest paces of growth.

Motorcycle And Bicycle Imports

Imports

In 2022, after two years of growth, there was significant decline in purchases abroad of motorcycles and bicycles, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then reduced sharply in the following year.

In value terms, motorcycle and bicycle imports reached $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X units), distantly followed by the Philippines (X units), Pakistan (X units) and Japan (X units) represented the key importers of motorcycles and bicycles, together generating X% of total imports. The following importers - Germany (X units), the UK (X units), the Netherlands (X units), Canada (X units), France (X units), Russia (X units), Australia (X units), Nigeria (X units) and Belgium (X units) - together made up X% of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of motorcycles and bicycles. At the same time, Australia (X%), the Philippines (X%), Nigeria (X%), Canada (X%), the Netherlands (X%) and Germany (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Pakistan and the UK experienced a relatively flat trend pattern. By contrast, France (X%), Belgium (X%), Russia (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines and Australia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of global imports. France, Belgium, the Philippines, the UK, Japan, Canada, Australia, Nigeria, Russia and Pakistan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Philippines, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average motorcycle and bicycle import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motorcycle and bicycle import price increased by X% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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