Australia: Market for Motorcycles, Scooters and Side-Cars 2024

Market Size for Motorcycles, Scooters and Side-Cars in Australia

For the seventh year in a row, the Australian motorcycle, scooter and side-car market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption enjoyed buoyant growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Production of Motorcycles, Scooters and Side-Cars in Australia

In value terms, motorcycle, scooter and side-car production reached $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Motorcycles, Scooters and Side-Cars

Exports from Australia

In 2022, the amount of motorcycles, scooters and side-cars exported from Australia rose remarkably to X units, surging by X% against the previous year's figure. Over the period under review, exports continue to indicate a noticeable expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle, scooter and side-car exports reached $X in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X units) was the main destination for motorcycle, scooter and side-car exports from Australia, with a X% share of total exports. Moreover, motorcycle, scooter and side-car exports to New Zealand exceeded the volume sent to the second major destination, China (X units), twofold. Singapore (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Singapore (X% per year).

In value terms, New Zealand ($X), Singapore ($X) and China ($X) were the largest markets for motorcycle, scooter and side-car exported from Australia worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average motorcycle, scooter and side-car export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a slight descent. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Hong Kong SAR ($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 Kiribati (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motorcycles, Scooters and Side-Cars

Imports into Australia

In 2022, the amount of motorcycles, scooters and side-cars imported into Australia was estimated at X units, increasing by X% against 2021. In general, imports showed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, motorcycle, scooter and side-car imports rose remarkably to $X in 2022. Over the period under review, total imports indicated a measured increase 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 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motorcycle, scooter and side-car to Australia, accounting for a X% share of total imports. Moreover, motorcycle, scooter and side-car imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Japan (X% per year).

In value terms, the largest motorcycle, scooter and side-car suppliers to Australia were China ($X), Thailand ($X) and Austria ($X), together accounting for X% of total imports. Japan, Italy, Taiwan (Chinese), Germany, the United States and Switzerland lagged somewhat behind, together accounting for a further X%.

Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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, surging by X% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 Italy ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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