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

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

The Irish market for cycles with auxiliary motors and side cars skyrocketed to $X in 2021, growing by 144% 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 showed a significant increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports from Ireland

In 2021, after two years of growth, there was significant decline in shipments abroad of cycles with auxiliary motors and side cars, when their volume decreased by -29.2% to X units. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2017 with an increase of 686% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of cycles with auxiliary motors and side cars plummeted to $X in 2021. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 158% against the previous year. The exports peaked at $X in 2020, and then dropped markedly in the following year.

Exports by Country

The UK (X units) was the main destination for exports of cycles with auxiliary motors and side cars from Ireland, accounting for a approx. 95% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +53.9%.

In value terms, the UK ($X) also remains the key foreign market for cycles with auxiliary motors and side cars exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +113.4%.

Export Prices by Country

In 2021, the average export price for cycles with auxiliary motors and side cars amounted to $X per unit, dropping by -6% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 243%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for Iceland amounted to +345.6% per year.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports into Ireland

In 2021, approx. X units of cycles with auxiliary motors and side cars were imported into Ireland; rising by 106% against the previous year's figure. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2017 with an increase of 233%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, imports of cycles with auxiliary motors and side cars soared to $X in 2021. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 178%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X units), the Netherlands (X units) and the UK (X units) were the main suppliers of imports of cycles with auxiliary motors and side cars to Ireland, with a combined 59% share of total imports. These countries were followed by Belgium, Taiwan (Chinese), Thailand, Germany and Italy, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +1,026.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and Taiwan (Chinese) ($X) constituted the largest cycle with auxiliary motor and side car suppliers to Ireland, with a combined 51% share of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +425.4%, 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

The average import price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, rising by 27% against the previous year. Over the period under review, the import price, however, showed a deep reduction. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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