Central Asia: Market for Cycles with Auxiliary Motors and Side Cars 2025

Market Size for Cycles with Auxiliary Motors and Side Cars in Central Asia

For the eighth year in a row, the Central Asian market for cycles with auxiliary motors and side cars recorded growth in sales value, which increased by 5.4% to $X in 2021. Over the period under review, consumption continues to indicate a significant expansion. Over the period under review, the market reached the peak level in 2021 and is likely to see gradual growth in the immediate term.

Production of Cycles with Auxiliary Motors and Side Cars in Central Asia

In value terms, production of cycles with auxiliary motors and side cars dropped sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 101% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020, and then contracted rapidly in the following year.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports in Central Asia

For the fourth consecutive year, Central Asia recorded growth in overseas shipments of cycles with auxiliary motors and side cars, which increased by 201% to X units in 2021. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 460% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of cycles with auxiliary motors and side cars soared to $X in 2021. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 1,316% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Kazakhstan was the largest exporter of cycles with auxiliary motors and side cars in Central Asia, with the volume of exports reaching X units, which was near 78% of total exports in 2021. It was distantly followed by Kyrgyzstan (X units), making up a 21% share of total exports.

Kazakhstan was also the fastest-growing in terms of the cycles with auxiliary motors and side cars exports, with a CAGR of +54.6% from 2012 to 2021. At the same time, Kyrgyzstan (+38.2%) displayed positive paces of growth. While the share of Kazakhstan (+21 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (-21.6 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest cycle with auxiliary motor and side car supplier in Central Asia, comprising 82% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to +48.2%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, dropping by -17.4% against the previous year. Overall, the export price faced a deep downturn. The pace of growth was the most pronounced in 2016 when the export price increased by 153%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-4.2%).

Imports of Cycles with Auxiliary Motors and Side Cars

Imports in Central Asia

For the third year in a row, Central Asia recorded growth in supplies from abroad of cycles with auxiliary motors and side cars, which increased by 211% to X units in 2021. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 810% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, imports of cycles with auxiliary motors and side cars skyrocketed to $X in 2021. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 1,017% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

Kazakhstan dominates cars structure, recording X units, which was approx. 91% of total imports in 2021. It was distantly followed by Uzbekistan (X units), mixing up a 7% share of total imports.

Kazakhstan was also the fastest-growing in terms of the cycles with auxiliary motors and side cars imports, with a CAGR of +94.6% from 2012 to 2021. At the same time, Uzbekistan (+74.0%) displayed positive paces of growth. From 2012 to 2021, the share of Kazakhstan and Uzbekistan increased by +23 and +7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported cycles with auxiliary motors and side cars in Central Asia, comprising 92% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 5.1% share of total imports.

In Kazakhstan, imports of cycles with auxiliary motors and side cars expanded at an average annual rate of +77.7% over the period from 2012-2021.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, waning by -14% against the previous year. In general, the import price faced a abrupt slump. The growth pace was the most rapid in 2018 when the import price increased by 57% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+9.8%).

Source: IndexBox Platform

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