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U.S. - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

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

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Jun 16, 2023

U.S. Motorcycle and Bicycle Price Reduces Slightly to $554 per Unit

U.S. Motorcycle And Bicycle Import Price in April 2023

In April 2023, the motorcycle and bicycle price amounted to $554 per unit (CIF, US), dropping by -2% against the previous month. Overall, import price indicated resilient growth from April 2022 to April 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, motorcycle and bicycle import price decreased by -25.1% against December 2022 indices. The most prominent rate of growth was recorded in December 2022 an increase of 51% m-o-m. As a result, import price reached the peak level of $740K per thousand units. From January 2023 to April 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Taiwan (Chinese) ($1,365 per unit), while the price for China ($148 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Motorcycle And Bicycle in U.S. (USD per unit)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Taiwan (Chinese)9559161,0831,0011,0521,1411,2481,2741,3851,2951,2431,3751,365
Vietnam434479631569602583636725824730772931894
Cambodia238278259303303341358367461434360522573
China120128152151173149153184228170147133148
Average298410446406427378456489740607578566554

U.S. Motorcycle And Bicycle Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($1,602 per unit), while the price for bicycles and other cycles totaled $162 per unit.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (+2.4%).

U.S. Motorcycle And Bicycle Imports

In April 2023, motorcycle and bicycle imports into the United States expanded remarkably to 928K units, increasing by 12% compared with March 2023. Overall, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in September 2022 with an increase of 16% month-to-month. Imports peaked at 1.9M units in April 2022; however, from May 2022 to April 2023, imports failed to regain momentum.

In value terms, motorcycle and bicycle imports rose markedly to $515M (IndexBox estimates) in April 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 with an increase of 19% against the previous month. As a result, imports reached the peak of $707M. From November 2022 to April 2023, the growth of imports failed to regain momentum.

U.S. Motorcycle And Bicycle Imports by Type

In April 2023, bicycles and other cycles (675K units) constituted the largest type of motorcycle and bicycle supplied to the United States, accounting for a 73% 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 (253K units), threefold.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of bicycles and other cycles stood at -6.9%.

In value terms, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($405M) constituted the largest type of motorcycle and bicycle supplied to the United States, comprising 79% of total imports. The second position in the ranking was taken by bicycles and other cycles ($109M), with a 21% share of total imports.

U.S. Motorcycle And Bicycle Imports by Country

In April 2023, China (745K units) constituted the largest motorcycle and bicycle supplier to the United States, with a 80% share of total imports. Moreover, motorcycle and bicycle imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (66K units), more than tenfold. The third position in this ranking was held by Cambodia (36K units), with a 3.9% share.

From April 2022 to April 2023, the average monthly growth rate of volume from China amounted to -5.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Taiwan (Chinese) (-2.7% per month) and Cambodia (-11.7% per month).

In value terms, the largest motorcycle and bicycle suppliers to the United States were China ($110M), Taiwan (Chinese) ($90M) and Cambodia ($20M), together accounting for 43% of total imports. Vietnam lagged somewhat behind, accounting for a further 3.5%.

Among the main suppliers, Vietnam, with a CAGR of +4.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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