Hungary: Motorcycle And Scooter Market 2025

Motorcycle And Scooter Market Size in Hungary

After three years of growth, the Hungarian motorcycle and scooter market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Motorcycle And Scooter Production in Hungary

In value terms, motorcycle and scooter production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Motorcycle And Scooter Exports

Exports from Hungary

For the fourth year in a row, Hungary recorded growth in overseas shipments of motorcycles and scooters, which increased by X% to X units in 2022. Over the period under review, exports continue to indicate prominent growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, motorcycle and scooter exports rose remarkably to $X in 2022. Overall, exports posted buoyant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Slovakia (X units), Romania (X units) and the Czech Republic (X units) were the main destinations of motorcycle and scooter exports from Hungary, together comprising X% of total exports. Poland, Croatia, Serbia, Slovenia, Malta, Germany, the UK, Latvia and Lithuania lagged somewhat behind, together accounting for a further X%.

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

In value terms, Slovakia ($X), the Czech Republic ($X) and Romania ($X) appeared to be the largest markets for motorcycle and scooter exported from Hungary worldwide, together comprising X% of total exports. Croatia, Germany, Slovenia, Serbia, Poland, Latvia, the UK, Lithuania and Malta lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average motorcycle and scooter export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the 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 Germany ($X per unit), while the average price for exports to Malta ($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 Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Scooter Imports

Imports into Hungary

In 2022, overseas purchases of motorcycles and scooters decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then shrank dramatically in the following year.

In value terms, motorcycle and scooter imports expanded markedly to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X units), Austria (X units) and Japan (X units) were the main suppliers of motorcycle and scooter imports to Hungary, with a combined X% share of total imports. Slovenia, the Netherlands, the UK, Indonesia, Switzerland and China lagged somewhat behind, together accounting for a further X%.

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

In value terms, Austria ($X), Italy ($X) and Japan ($X) were the largest motorcycle and scooter suppliers to Hungary, together comprising X% of total imports. The Netherlands, the UK, Slovenia, Indonesia, China and Switzerland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Indonesia, with a CAGR of X%, 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 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. Overall, import price indicated a measured expansion from 2012 to 2022: its price 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. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform