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

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

The Kuwaiti market for cycles with auxiliary motors and side cars expanded slightly to $X in 2021, increasing by 2.6% against the previous year. Overall, consumption continues to indicate significant growth. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Cycles with Auxiliary Motors and Side Cars in Kuwait

In value terms, production of cycles with auxiliary motors and side cars surged to $X in 2021 estimated in export price. Over the period under review, production recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 595%. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports from Kuwait

Exports of cycles with auxiliary motors and side cars from Kuwait soared to X units in 2021, picking up by 75% compared with the year before. In general, exports saw a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 79% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of cycles with auxiliary motors and side cars skyrocketed to $X in 2021. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 86% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Turkey (X units) was the main destination for exports of cycles with auxiliary motors and side cars from Kuwait, with a 51% share of total exports. Moreover, exports of cycles with auxiliary motors and side cars to Turkey exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. The third position in this ranking was taken by Egypt (X units), with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +69.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+9.2% per year) and Egypt (+47.2% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for cycles with auxiliary motors and side cars exports from Kuwait, comprising 53% of total exports. The second position in the ranking was held by Qatar ($X), with a 12% share of total exports. It was followed by Jordan, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+22.3% per year) and Jordan (+20.4% per year).

Export Prices by Country

The average export price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, waning by -3.9% against the previous year. Over the period under review, the export price showed a noticeable reduction. The growth pace was the most rapid in 2016 an increase of 25% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Turkey ($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 Iran (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports into Kuwait

In 2021, overseas purchases of cycles with auxiliary motors and side cars increased by 5.9% to X units, rising for the third consecutive year after four years of decline. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 2,085% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of cycles with auxiliary motors and side cars rose rapidly to $X in 2021. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 2,403% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Hong Kong SAR (X units), China (X units) and the United States (X units) were the main suppliers of imports of cycles with auxiliary motors and side cars to Kuwait, together accounting for 75% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +181.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cycle with auxiliary motor and side car suppliers to Kuwait were the United States ($X), China ($X) and the United Arab Emirates ($X), with a combined 65% share of total imports. Hong Kong SAR, Taiwan (Chinese), India and Japan lagged somewhat behind, together comprising a further 16%.

Hong Kong SAR, with a CAGR of +167.7%, saw the highest growth rate of the value of imports, among the main suppliers 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, increasing by 3.5% against the previous year. In general, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 103% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 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 the United Arab Emirates ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+164.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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