Brazil: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Brazil

The Brazilian motorcycle and bicycle market reached $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the market value increased by 2.3%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Motorcycle And Bicycle Production in Brazil

In value terms, motorcycle and bicycle production expanded modestly to $X in 2021 estimated in export price. Overall, production recorded a drastic downturn. Motorcycle and bicycle production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Motorcycle And Bicycle Exports

Exports from Brazil

In 2021, overseas shipments of motorcycles and bicycles were finally on the rise to reach X units after three years of decline. Overall, exports, however, showed a perceptible shrinkage. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, motorcycle and bicycle exports soared to $X in 2021. In general, exports, however, recorded a pronounced downturn. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units), Argentina (X units) and Uruguay (X units) were the main destinations of motorcycle and bicycle exports from Brazil, with a combined 54% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +40.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motorcycle and bicycle exported from Brazil were Colombia ($X), Argentina ($X) and the United States ($X), with a combined 69% share of total exports. Australia, Canada, Peru, Paraguay and Uruguay lagged somewhat behind, together comprising a further 19%.

Paraguay, with a CAGR of +24.9%, saw 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 2021, the average motorcycle and bicycle export price amounted to $X per unit, falling by -4.4% against the previous year. Over the period under review, the export price recorded a mild reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by 10% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Motorcycle And Bicycle Imports

Imports into Brazil

Motorcycle and bicycle imports into Brazil soared to X units in 2021, increasing by 91% against the year before. Overall, imports, however, showed a deep slump. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, motorcycle and bicycle imports soared to $X in 2021. In general, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 74%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of motorcycle and bicycle to Brazil, with a 90% share of total imports. It was followed by India (X units), with a 2.6% share of total imports. The third position in this ranking was held by Vietnam (X units), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+57.8% per year) and Vietnam (+113.5% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and bicycles to Brazil, comprising 57% of total imports. The second position in the ranking was taken by India ($X), with a 12% share of total imports. It was followed by Taiwan (Chinese), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+47.8% per year) and Taiwan (Chinese) (-8.0% per year).

Import Prices by Country

In 2021, the average motorcycle and bicycle import price amounted to $X per unit, waning by -23.6% against the previous year. Overall, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 28% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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