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China - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

China - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights

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Jun 27, 2024

China's Motorcycle and Bicycle Export Plummets 10% to $14.2B in 2023

China Motorcycle And Bicycle Exports

In 2023, overseas shipments of motorcycles and bicycles decreased by -2.7% to 67M units, falling for the second year in a row after four years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at 103M units in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, motorcycle and bicycle exports shrank to $14.2B (IndexBox estimates) in 2023. In general, total exports indicated a measured expansion from 2013 to 2023: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by -17.9% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports attained the peak of $17.3B. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.China Motorcycle And Bicycle Exports By Country (Million USD)

COUNTRYExport Value of Motorcycle And Bicycle in China (million USD)
20132014201520162017201820192020202120222023
United States1,0641,1491,4501,2211,3201,8201,4362,0292,8832,4201,910
Mexico247347359348423479555512844791932
Japan862866716646679682716751864829658
Turkey12315112311913612070.4127175250478
Philippines260351430481440547498590734705469
Russia318225128132172204211254428309441
Netherlands86.8124132238282351346355533570334
Togo234197207227278240215296448299243
Myanmar37543132836735830728329012881.899.2
Others5,4395,4685,7535,3285,7186,0926,1937,08210,2499,4658,620
Total9,0109,3099,6269,1079,80610,84110,52312,28517,28715,71714,184

Exports by Country

the United States (14M units) was the main destination for motorcycle and bicycle exports from China, with a 21% share of total exports. Moreover, motorcycle and bicycle exports to the United States exceeded the volume sent to the second major destination, Japan (4.8M units), threefold. Mexico (2.5M units) ranked third in terms of total exports with a 3.8% share.

From 2013 to 2023, the average annual growth rate of volume to the United States amounted to -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-4.9% per year) and Mexico (+11.0% per year).

In value terms, the United States ($1.9B) remains the key foreign market for motorcycles and bicycles exports from China, comprising 13% of total exports. The second position in the ranking was held by Mexico ($932M), with a 6.6% share of total exports. It was followed by Japan, with a 4.6% share.

From 2013 to 2023, the average annual growth rate of value to the United States totaled +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+14.2% per year) and Japan (-2.7% per year).

Exports by Type

Bicycles and other cycles (40M units) and motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (27M units) were the main products of motorcycle and bicycle exports from China.

From 2013 to 2023, the biggest increases were recorded for motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (with a CAGR of +8.8%).

In value terms, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($11.6B) remains the largest type of motorcycles and bicycles exported from China, comprising 82% of total exports. The second position in the ranking was taken by bicycles and other cycles ($2.6B), with an 18% share of total exports.

From 2013 to 2023, the average annual rate of growth in terms of the value of motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars exports amounted to +7.1%.

Export Prices by Country

In 2023, the motorcycle and bicycle price amounted to $212 per unit (FOB, China), declining by -7.3% against the previous year. Overall, export price indicated measured growth from 2013 to 2023: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, motorcycle and bicycle export price increased by +54.0% against 2020 indices. The growth pace was the most rapid in 2022 when the average export price increased by 36% against the previous year. As a result, the export price reached the peak level of $229 per unit, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($372 per unit), while the average price for exports to Indonesia ($51 per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motorcycle and bicycle market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
  • Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
  • Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
  • Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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