Northern America: Market for Motorcycles and Cycles With an Auxiliary Motor 2025

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Northern America

In 2021, the North American market for motorcycles and cycles with an auxiliary motor was finally on the rise to reach $X after six years of decline. Overall, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Northern America

In value terms, production of motorcycles and cycles with an auxiliary motor surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt curtailment. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in Northern America

In 2021, the amount of motorcycles and cycles with an auxiliary motor exported in Northern America rose sharply to X units, increasing by 7.6% against the year before. Over the period under review, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2017 when exports increased by 14%. Over the period under review, the exports of attained the maximum at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, exports of motorcycles and cycles with an auxiliary motor surged to $X in 2021. Overall, exports, however, recorded a deep slump. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States dominates motor structure, resulting at X units, which was near 93% of total exports in 2021. It was distantly followed by Canada (X units), generating a 7.2% share of total exports.

Exports from the United States decreased at an average annual rate of -10.0% from 2012 to 2021. Canada (-2.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +3.7 percentage points.

In value terms, the United States ($X) remains the largest motorcycles and cycles with an auxiliary motor supplier in Northern America, comprising 96% of total exports. The second position in the ranking was taken by Canada ($X), with a 4.4% share of total exports.

In the United States, exports of motorcycles and cycles with an auxiliary motor plunged by an average annual rate of -9.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, growing by 8.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 21%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.3%).

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in Northern America

Imports of motorcycles and cycles with an auxiliary motor dropped modestly to X units in 2021, which is down by -4.2% on 2020 figures. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 45% against the previous year. As a result, imports reached the peak of X units, and then shrank in the following year.

In value terms, imports of motorcycles and cycles with an auxiliary motor surged to $X in 2021. Overall, imports continue to indicate a mild decline. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United States dominates motor structure, amounting to X units, which was approx. 91% of total imports in 2021. It was distantly followed by Canada (X units), generating a 9.1% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of motorcycles and cycles with an auxiliary motor. At the same time, Canada (+4.1%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +4.1% from 2012-2021. Canada (+2.7 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -2.7% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported motorcycles and cycles with an auxiliary motor in Northern America, comprising 85% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports.

In the United States, imports of motorcycles and cycles with an auxiliary motor decreased by an average annual rate of -2.5% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, growing by 24% against the previous year. In general, the import price, however, saw a slight setback. The pace of growth appeared the most rapid in 2014 an increase of 36%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.2%).

Source: IndexBox Platform

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