Colombia: Market for Motorcycles, Scooters and Side-Cars 2025

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

The Colombian motorcycle, scooter and side-car market fell sharply to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption faced a drastic downturn. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Exports of Motorcycles, Scooters and Side-Cars

Exports from Colombia

In 2022, approx. X units of motorcycles, scooters and side-cars were exported from Colombia; which is down by X% against the year before. In general, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then shrank in the following year.

In value terms, motorcycle, scooter and side-car exports stood at $X in 2022. Over the period under review, exports, however, recorded slight growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X units) was the main destination for motorcycle, scooter and side-car exports from Colombia, accounting for a X% share of total exports. Moreover, motorcycle, scooter and side-car exports to Ecuador exceeded the volume sent to the second major destination, Chile (X units), more than tenfold. The third position in this ranking was taken by Brazil (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ecuador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Brazil (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for motorcycles, scooters and side-cars exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

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

Export Prices by Country

In 2022, the average motorcycle, scooter and side-car export price amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Mexico ($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 Chile (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Motorcycles, Scooters and Side-Cars

Imports into Colombia

In 2022, the amount of motorcycles, scooters and side-cars imported into Colombia contracted markedly to X units, waning by X% against the year before. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, motorcycle, scooter and side-car imports reduced rapidly to $X in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest motorcycle, scooter and side-car supplier to Colombia, with a X% share of total imports. Moreover, motorcycle, scooter and side-car imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), ninefold. The third position in this ranking was held by India (X units), with a X% share.

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

In value terms, China ($X), Brazil ($X) and Japan ($X) appeared to be the largest motorcycle, scooter and side-car suppliers to Colombia, together accounting for X% of total imports.

Brazil, 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 mixed trend patterns.

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. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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