Russian Federation: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in the Russian Federation

The Russian motorcycle and scooter market expanded markedly to $X in 2020, with an increase of X% against the previous year. Overall, consumption, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Motorcycle and scooter consumption peaked at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Motorcycle And Scooter Production in the Russian Federation

In value terms, motorcycle and scooter production dropped remarkably to $X in 2020 estimated in export prices. Over the period under review, production saw a abrupt descent. The pace of growth was the most pronounced in 2010 when the production volume increased by X% y-o-y. Motorcycle and scooter production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Motorcycle And Scooter Exports

Exports from the Russian Federation

In 2020, approx. X units of motorcycles and scooters were exported from Russia; surging by X% against the year before. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, motorcycle and scooter exports totaled $X in 2020. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

Belarus (X units), Kazakhstan (X units) and Austria (X units) were the main destinations of motorcycle and scooter exports from Russia, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Belarus (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Austria ($X) and Kazakhstan ($X) were the largest markets for motorcycle and scooter exported from Russia worldwide, together comprising X% of total exports. Belarus and Japan lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to the value of exports, among 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 and scooter export price stood at $X per unit in 2020, declining by -X% against the previous year. In general, the export price saw a pronounced contraction. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per unit. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($X per unit), while the average price for exports to Belarus ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States, while the prices for the other major destinations experienced mixed trend patterns.

Motorcycle And Scooter Imports

Imports into the Russian Federation

In 2020, motorcycle and scooter imports into Russia declined to X units, remaining stable against 2019 figures. Over the period under review, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, motorcycle and scooter imports rose notably to $X in 2020. Overall, imports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest motorcycle and scooter supplier to Russia, accounting for a X% share of total imports. Moreover, motorcycle and scooter imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was occupied by India (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and India (+X% per year).

In value terms, the largest motorcycle and scooter suppliers to Russia were Japan ($X), the United States ($X) and China ($X), together comprising X% of total imports. Germany, India and Belarus lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motorcycle and scooter import price stood at $X per unit in 2020, with an increase of X% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform