Czech Republic: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

Market Size for Motorcycles and Cycles With an Auxiliary Motor in the Czech Republic

In 2021, after two years of decline, there was growth in the Czech market for motorcycles and cycles with an auxiliary motor, when its value increased by 2.9% to $X. In general, consumption, however, saw a pronounced shrinkage. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Motorcycles and Cycles With an Auxiliary Motor in the Czech Republic

In value terms, production of motorcycles and cycles with an auxiliary motor reduced to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 89%. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from the Czech Republic

Exports of motorcycles and cycles with an auxiliary motor from the Czech Republic surged to X units in 2021, growing by 51% against the previous year. Overall, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2019 with an increase of 307% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor soared to $X in 2021. In general, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of 300% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from the Czech Republic, accounting for a 91% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to Slovakia exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. Poland (X units) ranked third in terms of total exports with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia amounted to -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Poland (-31.4% per year).

In value terms, Slovakia ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from the Czech Republic, comprising 76% of total exports. The second position in the ranking was taken by Italy ($X), with a 14% share of total exports. It was followed by the UK, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia amounted to -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and the UK (+0.1% per year).

Export Prices by Country

In 2021, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a mild contraction. The growth pace was the most rapid in 2020 when the average export price increased by 75%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Poland ($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 the UK (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into the Czech Republic

In 2021, after two years of decline, there was significant growth in purchases abroad of motorcycles and cycles with an auxiliary motor, when their volume increased by 12% to X units. Overall, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 69% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor expanded sharply to $X in 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 60%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of motorcycles and cycles with an auxiliary motor to the Czech Republic, accounting for a 93% share of total imports. It was followed by Germany (X units), with a 2.2% share of total imports. Italy (X units) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-19.0% per year) and Italy (-18.2% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to the Czech Republic, comprising 61% of total imports. The second position in the ranking was held by Italy ($X), with an 8.4% share of total imports. It was followed by Germany, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-17.1% per year) and Germany (-7.5% per year).

Import Prices by Country

In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, flattening at the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, 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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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