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

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

The Malaysian market for cycles with auxiliary motors and side cars dropped remarkably to $X in 2021, waning by -19% against the previous year. Overall, consumption, however, posted a significant increase. Consumption of peaked at $X in 2020, and then dropped sharply in the following year.

Production of Cycles with Auxiliary Motors and Side Cars in Malaysia

In value terms, production of cycles with auxiliary motors and side cars fell sharply to $X in 2021 estimated in export price. In general, production, however, saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 232%. Production of peaked at $X in 2020, and then plummeted in the following year.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports from Malaysia

In 2021, after three years of growth, there was significant decline in overseas shipments of cycles with auxiliary motors and side cars, when their volume decreased by -21.3% to X units. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 672% against the previous year. The exports peaked at X units in 2020, and then reduced rapidly in the following year.

In value terms, exports of cycles with auxiliary motors and side cars dropped notably to $X in 2021. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 588%. The exports peaked at $X in 2020, and then fell significantly in the following year.

Exports by Country

France (X units) was the main destination for exports of cycles with auxiliary motors and side cars from Malaysia, with a 35% share of total exports. Moreover, exports of cycles with auxiliary motors and side cars to France exceeded the volume sent to the second major destination, Hungary (X units), twofold. The Netherlands (X units) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +286.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+126.0% per year) and the Netherlands (+90.6% per year).

In value terms, France ($X) remains the key foreign market for cycles with auxiliary motors and side cars exports from Malaysia, comprising 35% of total exports. The second position in the ranking was held by Hungary ($X), with an 8.5% share of total exports. It was followed by the Netherlands, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +313.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+47.6% per year) and the Netherlands (+61.8% 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 -15.5% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2014 when the average export price increased by 37%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

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 the United States ($X per unit), while the average price for exports to Belgium ($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 (+39.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports into Malaysia

After two years of growth, supplies from abroad of cycles with auxiliary motors and side cars decreased by -20.1% to X units in 2021. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,314%. Imports peaked at X units in 2020, and then declined dramatically in the following year.

In value terms, imports of cycles with auxiliary motors and side cars amounted to $X in 2021. Overall, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 525%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of cycle with auxiliary motor and side car to Malaysia, with a 92% share of total imports. It was followed by Singapore (X units), with a 2.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +57.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+77.4% per year) and Japan (-48.4% per year).

In value terms, China ($X) constituted the largest supplier of cycles with auxiliary motors and side cars to Malaysia, comprising 64% of total imports. The second position in the ranking was taken by Singapore ($X), with a 3.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +67.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+50.3% per year) and Japan (-49.8% per year).

Import Prices by Country

In 2021, the average import price for cycles with auxiliary motors and side cars amounted to $X per unit, rising by 38% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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