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

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

The Japanese motorcycle, scooter and side-car market shrank notably to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a noticeable decline. Motorcycle, scooter and side-car consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Motorcycles, Scooters and Side-Cars in Japan

In value terms, motorcycle, scooter and side-car production dropped modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Motorcycle, scooter and side-car production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Motorcycles, Scooters and Side-Cars

Exports from Japan

In 2022, overseas shipments of motorcycles, scooters and side-cars increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, motorcycle, scooter and side-car exports rose rapidly to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for motorcycle, scooter and side-car exports from Japan, accounting for a X% share of total exports. Moreover, motorcycle, scooter and side-car exports to the United States exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was held by Italy (X units), with an X% share.

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

In value terms, the United States ($X), France ($X) and Italy ($X) constituted the largest markets for motorcycle, scooter and side-car exported from Japan worldwide, together accounting for X% of total exports. The Netherlands, Spain, Germany, Belgium, Canada, Australia, Russia, Cambodia, the Dominican Republic and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average motorcycle, scooter and side-car export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Imports of Motorcycles, Scooters and Side-Cars

Imports into Japan

In 2022, purchases abroad of motorcycles, scooters and side-cars decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then fell slightly in the following year.

In value terms, motorcycle, scooter and side-car imports reduced to $X in 2022. In general, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest motorcycle, scooter and side-car supplier to Japan, accounting for a X% share of total imports. Moreover, motorcycle, scooter and side-car imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), ninefold. Vietnam (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Thailand ($X), China ($X) and Vietnam ($X) were the largest motorcycle, scooter and side-car suppliers to Japan, together accounting for X% of total imports. Taiwan (Chinese), Indonesia, India and the United States lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Indonesia, with a CAGR of X%, saw 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

The average motorcycle, scooter and side-car import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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