Russian Federation: Market for Motorcycles, Scooters and Side-Cars 2024

Market Size for Motorcycles, Scooters and Side-Cars in the Russian Federation

In 2022, the Russian motorcycle, scooter and side-car market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption saw a mild contraction. Motorcycle, scooter and side-car consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Motorcycles, Scooters and Side-Cars in the Russian Federation

In value terms, motorcycle, scooter and side-car production shrank dramatically to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Motorcycles, Scooters and Side-Cars

Exports from the Russian Federation

After five years of growth, shipments abroad of motorcycles, scooters and side-cars decreased by X% to X units in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted remarkably in the following year.

In value terms, motorcycle, scooter and side-car exports declined dramatically to $X in 2022. Over the period under review, total exports indicated a pronounced expansion 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. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Belarus (X units) was the main destination for motorcycle, scooter and side-car exports from Russia, accounting for a X% share of total exports. Moreover, motorcycle, scooter and side-car exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X units), eightfold. The third position in this ranking was taken by the United States (X units), with a X% share.

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

In value terms, the largest markets for motorcycle, scooter and side-car exported from Russia were Austria ($X), the United States ($X) and Belarus ($X), together comprising X% of total exports. Kazakhstan, Armenia and Switzerland lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average motorcycle, scooter and side-car export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a abrupt downturn. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Switzerland ($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 Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Motorcycles, Scooters and Side-Cars

Imports into the Russian Federation

After six years of growth, supplies from abroad of motorcycles, scooters and side-cars decreased by X% to X units in 2022. Overall, imports, however, showed strong growth. 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 shrank in the following year.

In value terms, motorcycle, scooter and side-car imports fell remarkably to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of motorcycle, scooter and side-car to Russia, with a X% share of total imports. It was followed by Japan (X units), with a X% share of total imports.

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

In value terms, China ($X) constituted the largest supplier of motorcycles, scooters and side-cars to Russia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports.

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

Import Prices by Country

In 2022, the average motorcycle, scooter and side-car import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2014 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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