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

Market Size for Cycles with Auxiliary Motors and Side Cars in Iran

The Iranian market for cycles with auxiliary motors and side cars fell rapidly to $X in 2021, with a decrease of -47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a resilient expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports from Iran

For the fourth year in a row, Iran recorded decline in shipments abroad of cycles with auxiliary motors and side cars, which decreased by -30% to X units in 2021. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2015 with an increase of 1,067% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, exports of cycles with auxiliary motors and side cars soared to $X in 2021. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 2,318%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Georgia (X units) and the United Arab Emirates (X units) were the main destinations of exports of cycles with auxiliary motors and side cars from Iran.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of +68.2%).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for cycles with auxiliary motors and side cars exports from Iran, comprising 93% of total exports. The second position in the ranking was held by Georgia ($X), with a 7.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +17.3%.

Export Prices by Country

The average export price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, jumping by 134% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 156% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Georgia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+265.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports into Iran

Imports of cycles with auxiliary motors and side cars into Iran declined remarkably to X units in 2021, dropping by -54.1% on the previous year. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2019 with an increase of 842% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of cycles with auxiliary motors and side cars fell to $X in 2021. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 887% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest cycle with auxiliary motor and side car supplier to Iran, with a 65% share of total imports. Moreover, imports of cycles with auxiliary motors and side cars from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+385.8% per year) and Armenia (0.0% per year).

In value terms, Indonesia ($X) constituted the largest supplier of cycles with auxiliary motors and side cars to Iran, comprising 76% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Indonesia totaled +173.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.7% per year) and Armenia (0.0% per year).

Import Prices by Country

The average import price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, jumping by 106% against the previous year. Over the period under review, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.2%).

Source: IndexBox Platform

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