GCC: Market for Motorcycles and Cycles With an Auxiliary Motor 2025

Market Size for Motorcycles and Cycles With an Auxiliary Motor in GCC

The GCC market for motorcycles and cycles with an auxiliary motor soared to $X in 2021, growing by 15% against the previous year. Over the period under review, consumption, however, recorded a mild reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in GCC

In value terms, production of motorcycles and cycles with an auxiliary motor contracted to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 260%. Over the period under review, production of attained the peak level at $X in 2020, and then reduced in the following year.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in GCC

In 2021, after two years of decline, there was significant growth in overseas shipments of motorcycles and cycles with an auxiliary motor, when their volume increased by 7.5% to X units. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 324%. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor dropped to $X in 2021. Over the period under review, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 59%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the major exporting country with an export of about X units, which accounted for 69% of total exports. It was distantly followed by Oman (X units), Bahrain (X units) and Kuwait (X units), together comprising a 29% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to motorcycles and cycles with an auxiliary motor exports from the United Arab Emirates stood at -15.9%. At the same time, Oman (+40.8%), Bahrain (+29.3%) and Kuwait (+15.1%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +40.8% from 2012-2021. Oman (+14 p.p.), Bahrain (+9.7 p.p.) and Kuwait (+4.5 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -12% from 2012 to 2021, respectively.

In value terms, the largest motorcycles and cycles with an auxiliary motor supplying countries in GCC were the United Arab Emirates ($X), Oman ($X) and Bahrain ($X), with a combined 95% share of total exports.

Oman, with a CAGR of +53.1%, saw the highest growth rate of the value of exports, among the main exporting countries 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 GCC stood at $X per unit in 2021, falling by -19.5% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2019 an increase of 116% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020, and then dropped rapidly in the following year.

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 Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+8.8%), while the other leaders experienced more modest paces of growth.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in GCC

In 2021, the amount of motorcycles and cycles with an auxiliary motor imported in GCC soared to X units, jumping by 84% against the previous year. In general, imports, however, recorded a perceptible descent. Over the period under review, imports of reached the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor soared to $X in 2021. Overall, imports, however, recorded a noticeable shrinkage. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the one major importers of motorcycles and cycles with an auxiliary motor, namely the United Arab Emirates, represented more than two-thirds of total import.

The United Arab Emirates was also the fastest-growing in terms of the motorcycles and cycles with an auxiliary motor imports, with a CAGR of -1.5% from 2012 to 2021. From 2012 to 2021, the share of the United Arab Emirates increased by +11 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported motorcycles and cycles with an auxiliary motor in GCC.

In the United Arab Emirates, imports of motorcycles and cycles with an auxiliary motor remained relatively stable over the period from 2012-2021.

Import Prices by Country

The import price in GCC stood at $X per unit in 2021, growing by 40% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 43% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +2.0% per year.

Source: IndexBox Platform