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

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

The Chinese motorcycle, scooter and side-car market rose significantly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Motorcycles, Scooters and Side-Cars in China

In value terms, motorcycle, scooter and side-car production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Motorcycles, Scooters and Side-Cars

Exports from China

In 2022, shipments abroad of motorcycles, scooters and side-cars decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, motorcycle, scooter and side-car exports declined slightly to $X in 2022. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

The United States (X units) was the main destination for motorcycle, scooter and side-car exports from China, accounting for a X% share of total exports. Moreover, motorcycle, scooter and side-car exports to the United States exceeded the volume sent to the second major destination, Mexico (X units), fourfold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) remains the key foreign market for motorcycles, scooters and side-cars exports from China, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Philippines (X% per year).

Export Prices by Country

The average motorcycle, scooter and side-car export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a mild descent. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 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 Colombia ($X per unit), while the average price for exports to the United States ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motorcycles, Scooters and Side-Cars

Imports into China

After four years of growth, purchases abroad of motorcycles, scooters and side-cars decreased by X% to X units in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then fell in the following year.

In value terms, motorcycle, scooter and side-car imports rose notably to $X in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Thailand (X units) constituted the largest supplier of motorcycle, scooter and side-car to China, accounting for a X% share of total imports. Moreover, motorcycle, scooter and side-car imports from Thailand exceeded the figures recorded by the second-largest supplier, Indonesia (X units), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

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

In value terms, Thailand ($X) constituted the largest supplier of motorcycles, scooters and side-cars to China, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the average motorcycle, scooter and side-car import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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