Italy: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Italy

In 2021, the Italian motorcycle and bicycle market decreased by -59.9% to $X, falling for the second consecutive year after four years of growth. In general, consumption showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Motorcycle And Bicycle Production in Italy

In value terms, motorcycle and bicycle production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +95.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 53%. Over the period under review, production attained the maximum level in 2021 and is likely to see steady growth in years to come.

Motorcycle And Bicycle Exports

Exports from Italy

For the third year in a row, Italy recorded growth in overseas shipments of motorcycles and bicycles, which increased by 20% to X units in 2021. The total export volume increased at an average annual rate of +5.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by 30%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, motorcycle and bicycle exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units) was the main destination for motorcycle and bicycle exports from Italy, accounting for a 39% share of total exports. Moreover, motorcycle and bicycle exports to France exceeded the volume sent to the second major destination, Spain (X units), threefold. Germany (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+8.9% per year) and Germany (+13.4% per year).

In value terms, the largest markets for motorcycle and bicycle exported from Italy were France ($X), Germany ($X) and Spain ($X), together accounting for 47% of total exports. The UK, Switzerland, Belgium, the Netherlands, Poland and Portugal lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, Poland, with a CAGR of +27.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average motorcycle and bicycle export price amounted to $X per unit, with an increase of 14% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable curtailment. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 Switzerland ($X per unit), while the average price for exports to Portugal ($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 Poland (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Motorcycle And Bicycle Imports

Imports into Italy

Motorcycle and bicycle imports into Italy soared to X units in 2021, rising by 23% against 2020. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 64% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, motorcycle and bicycle imports soared to $X in 2021. In general, imports continue to indicate a prominent increase. 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 motorcycle and bicycle supplier to Italy, with a 39% share of total imports. Moreover, motorcycle and bicycle imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), fourfold. The Netherlands (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+17.7% per year) and the Netherlands (+14.1% per year).

In value terms, China ($X), Japan ($X) and Germany ($X) constituted the largest motorcycle and bicycle suppliers to Italy, with a combined 45% share of total imports. These countries were followed by France, the Netherlands, Vietnam, Belgium, Taiwan (Chinese), Spain, Portugal, Romania, Turkey and Tunisia, which together accounted for a further 31%.

Among the main suppliers, Romania, with a CAGR of +50.7%, recorded 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 2021, the average motorcycle and bicycle import price amounted to $X per unit, picking up by 16% against the previous year. In general, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. 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 -12.2% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 79%. The import price peaked at $X per unit in 2019; however, from 2020 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 Japan ($X per unit), while the price for Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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