Estonia: Motorcycle And Scooter Market 2025

Motorcycle And Scooter Market Size in Estonia

The Estonian motorcycle and scooter market surged to $X in 2022, increasing by 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 posted a strong increase. Motorcycle and scooter consumption peaked in 2022 and is likely to see steady growth in the near future.

Motorcycle And Scooter Exports

Exports from Estonia

Motorcycle and scooter exports from Estonia soared to X units in 2022, increasing by X% compared with 2021. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, motorcycle and scooter exports fell to $X in 2022. Over the period under review, exports recorded moderate growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X units), Poland (X units) and Latvia (X units) were the main destinations of motorcycle and scooter exports from Estonia, together comprising X% of total exports. Hungary, Germany, Cyprus, Kazakhstan, Russia and Finland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Latvia ($X) and Poland ($X) appeared to be the largest markets for motorcycle and scooter exported from Estonia worldwide, together comprising X% of total exports. Hungary, Germany, Kazakhstan, Cyprus, Russia and Finland lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average motorcycle and scooter export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average 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 Russia ($X per unit), while the average price for exports to Poland ($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 Cyprus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Scooter Imports

Imports into Estonia

Motorcycle and scooter imports into Estonia surged to X units in 2022, growing by X% compared with the year before. Overall, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, motorcycle and scooter imports soared to $X in 2022. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Austria (X units), China (X units) and Japan (X units) were the main suppliers of motorcycle and scooter imports to Estonia, with a combined X% share of total imports. Thailand, Germany, Italy, Vietnam, the United States and Latvia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle and scooter suppliers to Estonia were Austria ($X), Germany ($X) and Japan ($X), together comprising X% of total imports. Italy, Thailand, China, the United States, Vietnam and Latvia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average motorcycle and scooter import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 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 Latvia ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform