Report Update Jan 1, 2025

Luxembourg - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Luxembourg

For the fourth consecutive year, the Luxembourg motorcycle and bicycle market recorded growth in sales value, which increased by 11% to $X in 2021. Overall, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +8.1% against 2016 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Motorcycle And Bicycle Exports

Exports from Luxembourg

In 2021, after two years of growth, there was significant decline in overseas shipments of motorcycles and bicycles, when their volume decreased by -28.3% to X units. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 759% against the previous year. As a result, the exports attained the peak of X units, and then plummeted in the following year.

In value terms, motorcycle and bicycle exports declined significantly to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 637%. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

Belgium (X units), France (X units) and Italy (X units) were the main destinations of motorcycle and bicycle exports from Luxembourg, with a combined 80% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +216.6%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Italy ($X) appeared to be the largest markets for motorcycle and bicycle exported from Luxembourg worldwide, together comprising 85% of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +161.3%, saw the highest growth rate of 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, declining by -5.1% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of 75% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 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 France ($X per unit), while the average price for exports to French Polynesia ($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 French Polynesia (-4.6%), while the prices for the other major destinations experienced a decline.

Motorcycle And Bicycle Imports

Imports into Luxembourg

For the fourth year in a row, Luxembourg recorded growth in supplies from abroad of motorcycles and bicycles, which increased by 0.9% to X units in 2021. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2016 when imports increased by 100% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, motorcycle and bicycle imports shrank to $X in 2021. Overall, imports posted prominent growth. The growth pace was the most rapid in 2020 with an increase of 94% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Germany (X units), Belgium (X units) and China (X units) were the main suppliers of motorcycle and bicycle imports to Luxembourg.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +27.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle and bicycle suppliers to Luxembourg were Belgium ($X), Germany ($X) and the Netherlands ($X), together comprising 68% of total imports. China, France, Taiwan (Chinese) and Italy lagged somewhat behind, together comprising a further 26%.

China, with a CAGR of +41.5%, recorded 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 2021, the average motorcycle and bicycle import price amounted to $X per unit, which is down by -6.7% against the previous year. Over the period under review, the import price, however, saw prominent growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 116%. The import price peaked at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Italy ($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 (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for motorcycles and bicycles in the world?

South Africa remains the largest motorcycle and bicycle consuming country worldwide, comprising approx. 33% of total volume. Moreover, motorcycle and bicycle consumption in South Africa exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with an 8.7% share.

What are the largest producers of motorcycles and bicycles in the world?

The country with the largest volume of motorcycle and bicycle production was China, accounting for 55% of total volume. Moreover, motorcycle and bicycle production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 3.4% share.

What are the leading suppliers of motorcycles and bicycles to Luxembourg?

In value terms, Belgium, Germany and the Netherlands constituted the largest motorcycle and bicycle suppliers to Luxembourg, with a combined 69% share of total imports. These countries were followed by China, France, Taiwan Chinese) and Italy, which together accounted for a further 26%.

What are the leading importers of motorcycles and bicycles from Luxembourg?

In value terms, France, Belgium and Italy appeared to be the largest markets for motorcycle and bicycle exported from Luxembourg worldwide, with a combined 96% share of total exports.

What is the average export price for motorcycles and bicycles in Luxembourg?

In 2021, the average motorcycle and bicycle export price amounted to $1,728 per unit, waning by -36.6% against the previous year.

What is the average import price for motorcycles and bicycles in Luxembourg?

In 2021, the average motorcycle and bicycle import price amounted to $825 per unit, increasing by 13% against the previous year.

This report provides an in-depth analysis of the motorcycle and bicycle market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024