Eastern Asia: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in Eastern Asia

In 2020, the East Asian motorcycle and scooter market increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

Motorcycle And Scooter Production in Eastern Asia

In value terms, motorcycle and scooter production fell slightly to $X in 2020 estimated in export prices. In general, production showed a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

The country with the largest volume of motorcycle and scooter production was China (X units), accounting for X% of total volume. Moreover, motorcycle and scooter production in China exceeded the figures recorded by the second-largest producer, Japan (X units), more than tenfold.

In China, motorcycle and scooter production remained relatively stable over the period from 2007-2020.

Motorcycle And Scooter Exports

Exports in Eastern Asia

In 2020, the amount of motorcycles and scooters exported in Eastern Asia declined to X units, falling by -X% on the previous year's figure. Total exports indicated a moderate expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X units in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, motorcycle and scooter exports dropped modestly to $X in 2020. In general, exports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

China prevails in motorcycle and scooter exports structure, amounting to X units, which was approx. X% of total exports in 2020. It was distantly followed by Japan (X units), creating a X% share of total exports. Taiwan (Chinese) (X units) held a little share of total exports.

China was also the fastest-growing in terms of the motorcycles and scooters exports, with a CAGR of +X% from 2007 to 2020. Taiwan (Chinese) experienced a relatively flat trend pattern. Japan (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest motorcycle and scooter supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

In China, motorcycle and scooter exports increased at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-X% per year) and Taiwan (Chinese) (-X% per year).

Export Prices by Country

The motorcycle and scooter export price in Eastern Asia stood at $X per unit in 2020, stabilizing at the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced a decline in the export price figures.

Motorcycle And Scooter Imports

Imports in Eastern Asia

In 2020, approx. X units of motorcycles and scooters were imported in Eastern Asia; with an increase of X% compared with 2019 figures. Total imports indicated a prominent increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle and scooter imports surged to $X in 2020. In general, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of motorcycles and scooters, namely Japan, South Korea and China, represented more than two-thirds of total import. It was distantly followed by Taiwan (Chinese) (X units), creating an X% share of total imports. The following importers - Hong Kong SAR (X units) and Macao SAR (X units) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2020, together accounting for X% of total imports.

In terms of the main importing countries, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The motorcycle and scooter import price in Eastern Asia stood at $X per unit in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform