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

U.S. - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights

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Dec 2, 2024

United States Sees Sharp Decline in Motorcycle and Bicycle Imports, Dropping to $5.3 Billion in 2023

U.S. Motorcycle And Bicycle Imports

In 2023, supplies from abroad of motorcycles and bicycles decreased by -27.2% to 13M units, falling for the second consecutive year after two years of growth. Overall, imports recorded a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. Imports peaked at 25M units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, motorcycle and bicycle imports contracted markedly to $5.3B (IndexBox estimates) in 2023. In general, total imports indicated a tangible increase from 2013 to 2023: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Over the period under review, imports attained the maximum at $7B in 2022, and then fell markedly in the following year.U.S. Motorcycle And Bicycle Imports By Country (Million USD)

COUNTRYImport Value of Motorcycle And Bicycle in U.S. (million USD)
20132014201520162017201820192020202120222023
China1,1631,2201,4651,3081,3611,7711,2551,6592,0862,0271,446
Taiwan (Chinese)4744415784464535656816489371,234890
Japan1,0671,018716646681839528437664825769
Austria135166210227274259245256276469440
Thailand234186234261334261287217424501396
Italy185167143137148144148132183276290
Germany186152234190194187191196223264195
Others2923183303302343024315758011,389908
Total3,7353,6683,9103,5443,6794,3283,7684,1215,5946,9865,335

Imports by Country

In 2023, China (11M units) constituted the largest supplier of motorcycle and bicycle to the United States, with a 86% share of total imports. Moreover, motorcycle and bicycle imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (674K units), more than tenfold. Japan (132K units) ranked third in terms of total imports with a 1% share.

From 2013 to 2023, the average annual rate of growth in terms of volume from China stood at -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-1.9% per year) and Japan (-1.8% per year).

In value terms, the largest motorcycle and bicycle suppliers to the United States were China ($1.4B), Taiwan (Chinese) ($890M) and Japan ($769M), with a combined 58% share of total imports. Austria, Thailand, Italy and Germany lagged somewhat behind, together comprising a further 25%.

In terms of the main suppliers, Austria, with a CAGR of +12.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

In 2023, bicycles and other cycles (9.5M units) constituted the largest type of motorcycles and bicycles supplied to the United States, with a 71% share of total imports. Moreover, bicycles and other cycles exceeded the figures recorded for the second-largest type, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (3.9M units), twofold.

From 2013 to 2023, the average annual growth rate of the volume of bicycles and other cycles imports stood at -5.2%.

In value terms, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($4.1B) constituted the largest type of motorcycles and bicycles supplied to the United States, comprising 78% of total imports. The second position in the ranking was held by bicycles and other cycles ($1.2B), with a 22% share of total imports.

Import Prices by Country

In 2023, the motorcycle and bicycle price stood at $397 per unit (CIF, US), picking up by 5% against the previous year. Over the period under review, the import price showed prominent growth. The most prominent rate of growth was recorded in 2022 when the average import price increased by 70% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to see gradual growth in the near future.

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 Taiwan (Chinese) ($1.3 thousand per unit), while the price for China ($126 per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+10.9%), while the prices for the other major suppliers 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 the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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