Luxembourg: Market for Motorcycles and Cycles With an Auxiliary Motor 2025

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Luxembourg

The Luxembourg market for motorcycles and cycles with an auxiliary motor skyrocketed to $X in 2021, rising by 176% against the previous year. Overall, consumption saw a temperate expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Motorcycles and Cycles With an Auxiliary Motor in Luxembourg

In value terms, production of motorcycles and cycles with an auxiliary motor soared to $X in 2021 estimated in export price. In general, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 84% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Luxembourg

In 2021, after two years of growth, there was significant decline in overseas shipments of motorcycles and cycles with an auxiliary motor, when their volume decreased by -68.9% to X units. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 148,617% against the previous year. As a result, the exports reached the peak of X units, and then declined significantly in the following year.

In value terms, exports of motorcycles and cycles with an auxiliary motor fell rapidly to $X in 2021. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 213,995% against the previous year. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.

Exports by Country

France (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Luxembourg, with a 74% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to France exceeded the volume sent to the second major destination, Belgium (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to France stood at +100.1%.

In value terms, France ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Luxembourg, comprising 80% of total exports. The second position in the ranking was held by Belgium ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France totaled +123.0%.

Export Prices by Country

In 2021, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, surging by 8% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 771% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to France stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.6%).

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Luxembourg

In 2021, approx. X units of motorcycles and cycles with an auxiliary motor were imported into Luxembourg; shrinking by -71.7% on the previous year. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 7,850% against the previous year. As a result, imports attained the peak of X units, and then dropped sharply in the following year.

In value terms, imports of motorcycles and cycles with an auxiliary motor reduced dramatically to $X in 2021. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 3,581%. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

In 2021, China (X units) was the main supplier of motorcycles and cycles with an auxiliary motor to Luxembourg, accounting for a 94% share of total imports. It was followed by Germany (X units), with a 2.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +64.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.1% per year) and Italy (-13.8% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Luxembourg, comprising 88% of total imports. The second position in the ranking was taken by Italy ($X), with a 5.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +65.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.9% per year) and Germany (+6.0% per year).

Import Prices by Country

In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, increasing by 37% against the previous year. In general, the import price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 39% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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