United Kingdom: Market for Motorcycles, Scooters and Side-Cars 2024

Market Size for Motorcycles, Scooters and Side-Cars in the UK

The UK motorcycle, scooter and side-car market surged to $X in 2022, rising by X% against the previous year. The market value 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. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Production of Motorcycles, Scooters and Side-Cars in the UK

In value terms, motorcycle, scooter and side-car production declined modestly to $X in 2022 estimated in export price. Over the period under review, production showed a mild decrease. The growth pace was the most rapid in 2019 when the production volume increased by X%. Motorcycle, scooter and side-car production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Motorcycles, Scooters and Side-Cars

Exports from the UK

In 2022, overseas shipments of motorcycles, scooters and side-cars increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle, scooter and side-car exports surged to $X in 2022. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), the Netherlands (X units) and Germany (X units) were the main destinations of motorcycle, scooter and side-car exports from the UK, with a combined X% share of total exports. Ireland, Spain, Belgium, France, Switzerland, Poland, Italy, Democratic Republic of the Congo, the Czech Republic and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and the Czech Republic ($X) were the largest markets for motorcycle, scooter and side-car exported from the UK worldwide, with a combined X% share of total exports. Ireland, Germany, Spain, Switzerland, Australia, France, Belgium, Italy, Poland and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average motorcycle, scooter and side-car export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Imports of Motorcycles, Scooters and Side-Cars

Imports into the UK

In 2022, after five years of growth, there was significant decline in purchases abroad of motorcycles, scooters and side-cars, when their volume decreased by X% to X units. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, motorcycle, scooter and side-car imports surged to $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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main suppliers of motorcycle, scooter and side-car imports to the UK, together accounting for X% of total imports. Thailand, Japan, Portugal, Italy, Hungary, India, Vietnam, Poland, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle, scooter and side-car suppliers to the UK were Germany ($X), China ($X) and Thailand ($X), together accounting for X% of total imports. Japan, Italy, Taiwan (Chinese), India, Hungary, Vietnam, the Netherlands, Portugal, Poland and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Portugal, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

The average motorcycle, scooter and side-car import price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, recorded a deep downturn. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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