Israel: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Israel

The Israeli motorcycle and bicycle market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +10.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Motorcycle And Bicycle Exports

Exports from Israel

In 2021, approx. X units of motorcycles and bicycles were exported from Israel; which is down by -68.1% compared with the previous year's figure. Overall, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 609% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, motorcycle and bicycle exports shrank notably to $X in 2021. In general, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by 556%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for motorcycle and bicycle exports from Israel, accounting for a 26% share of total exports. Moreover, motorcycle and bicycle exports to China exceeded the volume sent to the second major destination, the United States (X units), twofold. New Zealand (X units) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +55.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+23.8% per year) and New Zealand (+26.8% per year).

In value terms, China ($X) emerged as the key foreign market for motorcycles and bicycles exports from Israel, comprising 49% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by the UK, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to +115.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+32.5% per year) and the UK (+53.9% per year).

Export Prices by Country

The average motorcycle and bicycle export price stood at $X per unit in 2021, with an increase of 17% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 347%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Bicycle Imports

Imports into Israel

In 2021, after two years of decline, there was significant growth in purchases abroad of motorcycles and bicycles, when their volume increased by 97% to X units. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle and bicycle imports skyrocketed to $X in 2021. Overall, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of motorcycle and bicycle to Israel, with a 82% share of total imports. Moreover, motorcycle and bicycle imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), tenfold. The third position in this ranking was taken by Portugal (X units), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+7.4% per year) and Portugal (+117.6% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and bicycles to Israel, comprising 43% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 12% share of total imports. It was followed by Germany, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+1.5% per year) and Germany (+15.1% per year).

Import Prices by Country

In 2021, the average motorcycle and bicycle import price amounted to $X per unit, falling by -18.7% against the previous year. Overall, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motorcycle and bicycle import price decreased by -20.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Hong Kong SAR ($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 (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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