EU: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in the EU

In 2022, after six years of growth, there was significant decline in the EU motorcycle and scooter market, when its value decreased by X% to $X. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Motorcycle And Scooter Production in the EU

In value terms, motorcycle and scooter production expanded sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is expected to retain growth in years to come.

Motorcycle And Scooter Exports

Exports in the EU

For the fifth consecutive year, the European Union recorded growth in shipments abroad of motorcycles and scooters, which increased by X% to X units in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, motorcycle and scooter exports contracted modestly to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Austria (X units) and Italy (X units) represented the main exporters of motorcycles and scooters in 2022, finishing at near X% and X% of total exports, respectively. Germany (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%) and the Netherlands (X%). The following exporters - Belgium (X units) and Spain (X units) - each accounted for a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle and scooter supplying countries in the European Union were Italy ($X), Germany ($X) and Austria ($X), together comprising X% of total exports.

Among the main exporting countries, Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced mixed trends in the export price figures.

Motorcycle And Scooter Imports

Imports in the EU

In 2022, purchases abroad of motorcycles and scooters decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, motorcycle and scooter imports reduced dramatically to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

Spain (X units), Italy (X units), France (X units) and Germany (X units) represented roughly X% of total imports in 2022. It was distantly followed by Austria (X units), committing a X% share of total imports. The following importers - Belgium (X units), Greece (X units), the Netherlands (X units), the Czech Republic (X units), Portugal (X units) and Poland (X units) - together made up X% of total imports.

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

In value terms, Italy ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Belgium, Austria, the Netherlands, the Czech Republic, Portugal, Poland and Greece lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price recorded a mild reduction. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform