EU: Market for Cycles with Auxiliary Motors and Side Cars 2025

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

The EU market for cycles with auxiliary motors and side cars surged to $X in 2021, growing by 19% against the previous year. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Production of Cycles with Auxiliary Motors and Side Cars in the EU

In value terms, production of cycles with auxiliary motors and side cars dropped modestly to $X in 2021 estimated in export price. Overall, production posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 38%. The level of production peaked at $X in 2020, and then shrank in the following year.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports in the EU

In 2021, exports of cycles with auxiliary motors and side cars in the European Union skyrocketed to X units, growing by 20% compared with the previous year. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 98%. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, exports of cycles with auxiliary motors and side cars soared to $X in 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2018 with an increase of 92%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, the Netherlands (X units), distantly followed by Germany (X units), Belgium (X units), Hungary (X units), Bulgaria (X units), Italy (X units), Spain (X units), Portugal (X units), the Czech Republic (X units) and Poland (X units) were the key exporters of cycles with auxiliary motors and side cars, together committing 83% of total exports. Denmark (X units) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of +317.6%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Hungary ($X) were the countries with the highest levels of exports in 2021, with a combined 56% share of total exports. These countries were followed by Bulgaria, Belgium, the Czech Republic, Italy, Spain, Portugal, Poland and Denmark, which together accounted for a further 30%.

Among the main exporting countries, Bulgaria, with a CAGR of +314.0%, 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 2021, rising by 6.7% against the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2018 an increase of 12%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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 Germany ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports in the EU

In 2021, imports of cycles with auxiliary motors and side cars in the European Union surged to X units, picking up by 22% compared with the previous year. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 120%. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, imports of cycles with auxiliary motors and side cars skyrocketed to $X in 2021. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 73%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units), the Netherlands (X units), France (X units) and Belgium (X units) was the key importer of cycles with auxiliary motors and side cars in the European Union, committing 61% of total import. Spain (X units) held a 7% share (based on physical terms) of total imports, which put it in second place, followed by Italy (6.1%) and Poland (4.6%). Denmark (X units), Hungary (X units), Sweden (X units), Austria (X units) and the Czech Republic (X units) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +62.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cycle with auxiliary motor and side car importing markets in the European Union were Germany ($X), the Netherlands ($X) and France ($X), with a combined 62% share of total imports. These countries were followed by Belgium, Italy, Spain, Austria, Denmark, Sweden, Poland, the Czech Republic and Hungary, which together accounted for a further 32%.

In terms of the main importing countries, Poland, with a CAGR of +56.8%, 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

In 2021, the import price in the European Union amounted to $X per unit, picking up by 8.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 16%. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while Hungary ($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 (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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