Middle East: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in the Middle East

The Middle Eastern motorcycle and scooter market rose rapidly to $X in 2020, growing by X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market failed to regain the momentum.

Motorcycle And Scooter Production in the Middle East

In value terms, motorcycle and scooter production surged to $X in 2020 estimated in export prices. Overall, production saw resilient growth. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2012 to 2020, production growth remained at a somewhat lower figure.

Production By Country in the Middle East

The country with the largest volume of motorcycle and scooter production was Turkey (X units), accounting for X% of total volume. Moreover, motorcycle and scooter production in Turkey exceeded the figures recorded by the second-largest producer, Qatar (X units), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume in Turkey totaled +X%.

Motorcycle And Scooter Exports

Exports in the Middle East

In 2020, overseas shipments of motorcycles and scooters increased by X% to X units for the first time since 2014, thus ending a five-year declining trend. In general, exports enjoyed a remarkable increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle and scooter exports skyrocketed to $X in 2020. Overall, exports showed a slight contraction. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

In 2020, Turkey (X units) was the main exporter of motorcycles and scooters, generating X% of total exports. The United Arab Emirates (X units) took the second position in the ranking, followed by Lebanon (X units). All these countries together occupied near X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to motorcycle and scooter exports from Turkey stood at +X%. At the same time, Lebanon (+X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.) and Lebanon (+X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the largest motorcycle and scooter supplying countries in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Lebanon ($X), with a combined X% share of total exports.

Lebanon recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The motorcycle and scooter export price in the Middle East stood at $X per unit in 2020, reducing by -X% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced a decline in the export price figures.

Motorcycle And Scooter Imports

Imports in the Middle East

In 2020, motorcycle and scooter imports in the Middle East skyrocketed to X units, surging by X% on 2019 figures. Total imports indicated a temperate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The volume of import peaked in 2020 and is likely to continue growth in the near future.

In value terms, motorcycle and scooter imports expanded rapidly to $X in 2020. Total imports indicated a prominent increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Iraq (X units) was the largest importer of motorcycles and scooters, constituting X% of total imports. Yemen (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Turkey (X%), the United Arab Emirates (X%), Saudi Arabia (X%) and Iran (X%). Syrian Arab Republic (X units) held a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to motorcycle and scooter imports into Iraq stood at +X%. At the same time, Yemen (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. Turkey experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%), Iran (-X%) and Syrian Arab Republic (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Iraq and Yemen increased by +X% and +X% percentage points, while Saudi Arabia (-X p.p.), Turkey (-X p.p.), Iran (-X p.p.), the United Arab Emirates (-X p.p.) and Syrian Arab Republic (-X p.p.) saw their share reduced.

In value terms, Iraq ($X), Turkey ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports. These countries were followed by Iran, Yemen, Saudi Arabia and Syrian Arab Republic, which together accounted for a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The motorcycle and scooter import price in the Middle East stood at $X per unit in 2020, declining by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Turkey ($X per unit), while Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform