Northern America: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in Northern America

The North American motorcycle and scooter market reduced to $X in 2020, leveling off at the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2015 to 2020, the growth of the market remained at a somewhat lower figure.

Motorcycle And Scooter Production in Northern America

In value terms, motorcycle and scooter production fell to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Production By Country in Northern America

The United States (X units) remains the largest motorcycle and scooter producing country in Northern America, comprising approx. X% of total volume. Moreover, motorcycle and scooter production in the United States exceeded the figures recorded by the second-largest producer, Canada (X units), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume in the United States was relatively modest.

Motorcycle And Scooter Exports

Exports in Northern America

Motorcycle and scooter exports plummeted to X units in 2020, dropping by -X% on 2019 figures. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. As a result, exports attained the peak of X units. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, motorcycle and scooter exports declined remarkably to $X in 2020. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2009 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The United States represented the largest exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Canada (X units), constituting a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to motorcycle and scooter exports from the United States stood at -X%. Canada experienced a relatively flat trend pattern. While the share of Canada (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of the United States (-X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest motorcycle and scooter supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

In the United States, motorcycle and scooter exports plunged by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the motorcycle and scooter export price in Northern America amounted to $X per unit, falling by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per unit. from 2015 to 2020, the growth in terms of the export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Motorcycle And Scooter Imports

Imports in Northern America

In 2020, the amount of motorcycles and scooters imported in Northern America expanded significantly to X units, picking up by X% against 2019. In general, imports, however, showed a perceptible setback. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, motorcycle and scooter imports declined to $X in 2020. Overall, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

The United States represented the major importer of motorcycles and scooters in Northern America, with the volume of imports recording X units, which was approx. X% of total imports in 2020. It was distantly followed by Canada (X units), constituting a X% share of total imports.

The United States was also the fastest-growing in terms of the motorcycles and scooters imports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. The United States (+X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the United States ($X) constitutes the largest market for imported motorcycles and scooters in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the United States, motorcycle and scooter imports declined by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

In 2020, the motorcycle and scooter import price in Northern America amounted to $X per unit, with a decrease of -X% against the previous year. In general, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. The level of import peaked 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 Canada ($X per unit), while the United States stood at $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform