Mexico: Motorcycle And Scooter Market 2025

Motorcycle And Scooter Market Size in Mexico

The Mexican motorcycle and scooter market expanded to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Motorcycle And Scooter Production in Mexico

In value terms, motorcycle and scooter production amounted to $X in 2022 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Motorcycle And Scooter Exports

Exports from Mexico

In 2022, overseas shipments of motorcycles and scooters were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, motorcycle and scooter exports skyrocketed to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for motorcycle and scooter exports from Mexico, with a X% share of total exports. It was followed by China (X units), with a X% share of total exports. The third position in this ranking was held by Guatemala (X units), with less than X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Guatemala (X% per year).

In value terms, the United States ($X) remains the key foreign market for motorcycles and scooters exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by France, with less than X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average motorcycle and scooter export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price continues to indicate perceptible growth. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, 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 China ($X per unit), while the average price for exports to Guatemala ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Motorcycle And Scooter Imports

Imports into Mexico

In 2022, purchases abroad of motorcycles and scooters decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, motorcycle and scooter imports rose markedly to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motorcycle and scooter to Mexico, with a X% share of total imports. Moreover, motorcycle and scooter imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. The third position in this ranking was held by Japan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and scooters to Mexico, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average motorcycle and scooter import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform