Northern America: Market for Cycles with Auxiliary Motors and Side Cars 2025

Market Size for Cycles with Auxiliary Motors and Side Cars in Northern America

The North American market for cycles with auxiliary motors and side cars expanded rapidly to $X in 2021, picking up by 11% against the previous year. Overall, consumption, however, showed significant growth. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the near future.

Production of Cycles with Auxiliary Motors and Side Cars in Northern America

In value terms, production of cycles with auxiliary motors and side cars surged to $X in 2021 estimated in export price. In general, production, however, saw a mild decline. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports in Northern America

For the fourth year in a row, Northern America recorded growth in overseas shipments of cycles with auxiliary motors and side cars, which increased by 39% to X units in 2021. Over the period under review, exports showed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 43%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, exports of cycles with auxiliary motors and side cars totaled $X in 2021. Overall, exports saw a mild expansion. The most prominent rate of growth was recorded in 2014 with an increase of 24%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

In 2021, the United States (X units) was the largest exporter of cycles with auxiliary motors and side cars, mixing up 68% of total exports. It was distantly followed by Canada (X units), committing a 32% share of total exports.

Exports from the United States increased at an average annual rate of +7.6% from 2012 to 2021. At the same time, Canada (+50.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +50.0% from 2012-2021. Canada (+30 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -29.6% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest cycle with auxiliary motor and side car supplier in Northern America, comprising 82% of total exports. The second position in the ranking was held by Canada ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at -1.1%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, waning by -17.7% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 7.6%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-8.1%).

Imports of Cycles with Auxiliary Motors and Side Cars

Imports in Northern America

In 2021, approx. X units of cycles with auxiliary motors and side cars were imported in Northern America; dropping by -16.8% compared with 2020 figures. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 736%. The volume of import peaked at X units in 2020, and then dropped dramatically in the following year.

In value terms, imports of cycles with auxiliary motors and side cars skyrocketed to $X in 2021. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 398% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

The United States represented the major importing country with an import of about X units, which recorded 86% of total imports. It was distantly followed by Canada (X units), committing a 14% share of total imports.

The United States was also the fastest-growing in terms of the cycles with auxiliary motors and side cars imports, with a CAGR of +42.9% from 2012 to 2021. At the same time, Canada (+42.8%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported cycles with auxiliary motors and side cars in Northern America, comprising 80% of total imports. The second position in the ranking was taken by Canada ($X), with a 20% share of total imports.

In the United States, imports of cycles with auxiliary motors and side cars expanded at an average annual rate of +46.9% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, rising by 52% against the previous year. Import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for cycles with auxiliary motors and side cars decreased by -12.4% against 2019 indices. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat 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 totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :