Israel: Market for Motorcycles, Scooters and Side-Cars 2024

Market Size for Motorcycles, Scooters and Side-Cars in Israel

The Israeli motorcycle, scooter and side-car market fell modestly to $X in 2022, which is down by X% 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). Overall, consumption, however, continues to indicate a prominent increase. As a result, consumption attained the peak level of $X, and then contracted slightly in the following year.

Exports of Motorcycles, Scooters and Side-Cars

Exports from Israel

In 2022, shipments abroad of motorcycles, scooters and side-cars increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, motorcycle, scooter and side-car exports reduced to $X in 2022. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland (X units) was the main destination for motorcycle, scooter and side-car exports from Israel, with a X% share of total exports. Moreover, motorcycle, scooter and side-car exports to Poland exceeded the volume sent to the second major destination, Turkey (X units), threefold. The United States (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the United States (X% per year).

In value terms, Poland ($X) emerged as the key foreign market for motorcycles, scooters and side-cars exports from Israel, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average motorcycle, scooter and side-car export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then shrank dramatically in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and Italy ($X per unit), while the average price for exports to Portugal ($X per unit) and Kenya ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Imports of Motorcycles, Scooters and Side-Cars

Imports into Israel

Motorcycle, scooter and side-car imports into Israel shrank dramatically to X units in 2022, with a decrease of X% against 2021 figures. In general, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, motorcycle, scooter and side-car imports shrank modestly to $X in 2022. Overall, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motorcycle, scooter and side-car to Israel, with a X% share of total imports. Moreover, motorcycle, scooter and side-car imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the Netherlands (X% per year).

In value terms, China ($X), the Netherlands ($X) and Taiwan (Chinese) ($X) were the largest motorcycle, scooter and side-car suppliers to Israel, together accounting for X% of total imports. The UK, Austria, Italy, Germany, Hong Kong SAR, the United States, Switzerland, Canada, Spain and Japan lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, scooter and side-car import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price posted a mild expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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