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

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

In 2021, after two years of growth, there was significant decline in the MENA's market for cycles with auxiliary motors and side cars, when its value decreased by -19.7% to $X. Overall, consumption, however, recorded a significant increase. The level of consumption peaked at $X in 2020, and then dropped dramatically in the following year.

Production of Cycles with Auxiliary Motors and Side Cars in MENA

In value terms, production of cycles with auxiliary motors and side cars fell markedly to $X in 2021 estimated in export price. Over the period under review, production, however, posted significant growth. The growth pace was the most rapid in 2016 when the production volume increased by 226%. Over the period under review, production of reached the peak level at $X in 2020, and then dropped rapidly in the following year.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports in MENA

In 2021, the amount of cycles with auxiliary motors and side cars exported in MENA soared to X units, picking up by 43% against the year before. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 244% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, exports of cycles with auxiliary motors and side cars skyrocketed to $X in 2021. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 189%. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Turkey dominates cars structure, amounting to X units, which was near 92% of total exports in 2021. The United Arab Emirates (X units) and Saudi Arabia (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the cycles with auxiliary motors and side cars exports, with a CAGR of +110.7% from 2012 to 2021. At the same time, the United Arab Emirates (+19.0%) and Saudi Arabia (+11.1%) displayed positive paces of growth. Turkey (+85 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia and the United Arab Emirates saw its share reduced by -36.5% and -38.4% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest cycle with auxiliary motor and side car supplier in MENA, comprising 90% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 2.9% share of total exports.

In Turkey, exports of cycles with auxiliary motors and side cars expanded at an average annual rate of +100.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+6.2% per year) and the United Arab Emirates (+6.8% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, declining by -6% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 28%. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-4.4%), while the other leaders experienced a decline in the export price figures.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports in MENA

For the fourth consecutive year, MENA recorded growth in overseas purchases of cycles with auxiliary motors and side cars, which increased by 69% to X units in 2021. Overall, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cycles with auxiliary motors and side cars soared to $X in 2021. Over the period under review, imports posted prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 74%. Over the period under review, imports of attained the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Qatar (X units) and the United Arab Emirates (X units) represented roughly 62% of total imports in 2021. Turkey (X units) took the next position in the ranking, distantly followed by Israel (X units). All these countries together took near 27% share of total imports. Iraq (X units) and Palestine (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Palestine (with a CAGR of +141.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 82% share of total imports. These countries were followed by Iraq, Qatar and Palestine, which together accounted for a further 4.8%.

In terms of the main importing countries, Palestine, with a CAGR of +45.2%, recorded the highest growth rate of 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 import price in MENA stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 54%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+6.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform