Czech Republic: Market for Cycles with Auxiliary Motors and Side Cars 2025

Market Size for Cycles with Auxiliary Motors and Side Cars in the Czech Republic

In 2021, after three years of growth, there was significant decline in the Czech market for cycles with auxiliary motors and side cars, when its value decreased by -90.3% to $X. In general, consumption saw a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted significantly in the following year.

Production of Cycles with Auxiliary Motors and Side Cars in the Czech Republic

In value terms, production of cycles with auxiliary motors and side cars dropped remarkably to $X in 2021 estimated in export price. Overall, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 34%. Production of peaked at $X in 2020, and then fell notably in the following year.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports from the Czech Republic

In 2021, the amount of cycles with auxiliary motors and side cars exported from the Czech Republic soared to X units, surging by 18% compared with 2020 figures. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2019 with an increase of 109% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, exports of cycles with auxiliary motors and side cars soared to $X in 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 101% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X units), the Netherlands (X units) and Slovakia (X units) were the main destinations of exports of cycles with auxiliary motors and side cars from the Czech Republic, with a combined 62% share of total exports. The UK, Poland, Austria, France, Belgium and Hungary lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +212.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for cycles with auxiliary motors and side cars exports from the Czech Republic, comprising 41% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total exports. It was followed by Slovakia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +43.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+39.7% per year) and Slovakia (+85.0% per year).

Export Prices by Country

In 2021, the average export price for cycles with auxiliary motors and side cars amounted to $X per unit, rising by 10% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 40% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Hungary ($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 Slovakia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports into the Czech Republic

For the tenth consecutive year, the Czech Republic recorded growth in overseas purchases of cycles with auxiliary motors and side cars, which increased by 14% to X units in 2021. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 134% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, imports of cycles with auxiliary motors and side cars surged to $X in 2021. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 77%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest cycle with auxiliary motor and side car supplier to the Czech Republic, accounting for a 62% share of total imports. Moreover, imports of cycles with auxiliary motors and side cars from China exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. Hong Kong SAR (X units) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+79.9% per year) and Hong Kong SAR (+40.2% per year).

In value terms, the largest cycle with auxiliary motor and side car suppliers to the Czech Republic were China ($X), Germany ($X) and the Netherlands ($X), with a combined 66% share of total imports. These countries were followed by Taiwan (Chinese), Poland, Hong Kong SAR, Italy, Slovakia and Croatia, which together accounted for a further 19%.

Croatia, with a CAGR of +1,075.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, with an increase of 5.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 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 Germany ($X per unit), while the price for China ($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 (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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