EU: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

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

In 2021, the EU market for motorcycles and cycles with an auxiliary motor decreased by -1.4% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 9.8% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Motorcycles and Cycles With an Auxiliary Motor in the EU

In value terms, production of motorcycles and cycles with an auxiliary motor declined to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of 20% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in the EU

In 2021, shipments abroad of motorcycles and cycles with an auxiliary motor increased by 6% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a slight reduction. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of motorcycles and cycles with an auxiliary motor rose slightly to $X in 2021. In general, exports, however, continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Italy (X units), distantly followed by the Netherlands (X units), Belgium (X units), Poland (X units), Spain (X units) and France (X units) were the main exporters of motorcycles and cycles with an auxiliary motor, together mixing up 87% of total exports. Austria (X units) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +39.0%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest motorcycles and cycles with an auxiliary motor supplier in the European Union, comprising 48% of total exports. The second position in the ranking was taken by Spain ($X), with a 13% share of total exports. It was followed by Belgium, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value in Italy stood at -2.5%. In the other countries, the average annual rates were as follows: Spain (+1.0% per year) and Belgium (+2.6% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, declining by -1.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 16% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.6%), while the other leaders experienced more modest paces of growth.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in the EU

After two years of growth, supplies from abroad of motorcycles and cycles with an auxiliary motor decreased by -0.8% to X units in 2021. In general, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of motorcycles and cycles with an auxiliary motor totaled $X in 2021. Over the period under review, imports showed a pronounced decrease. The growth pace was the most rapid in 2020 when imports increased by 14%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X units) and France (X units) represented roughly 46% of total imports in 2021. Belgium (X units) took the next position in the ranking, followed by Germany (X units), Italy (X units), Spain (X units) and Poland (X units). All these countries together held approx. 42% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +7.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycles and cycles with an auxiliary motor importing markets in the European Union were the Netherlands ($X), France ($X) and Italy ($X), with a combined 55% share of total imports. Germany, Belgium, Poland and Spain lagged somewhat behind, together comprising a further 26%.

Among the main importing countries, Belgium, with a CAGR of +2.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, picking up by 8.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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