Saudi Arabia: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Saudi Arabia

The Saudi motorcycle and bicycle market soared to $X in 2021, growing by 41% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +64.3% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Motorcycle And Bicycle Exports

Exports from Saudi Arabia

In 2021, approx. X units of motorcycles and bicycles were exported from Saudi Arabia; with an increase of 423% compared with the year before. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle and bicycle exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by 126% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Yemen (X units), Sudan (X units) and the United Arab Emirates (X units) were the main destinations of motorcycle and bicycle exports from Saudi Arabia.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +221.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X) remains the key foreign market for motorcycles and bicycles exports from Saudi Arabia, comprising 889% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 71% share of total exports. It was followed by Yemen, with a 20% share.

From 2012 to 2021, the average annual growth rate of value to Sudan totaled +29.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+367.5% per year) and Yemen (-28.2% per year).

Export Prices by Country

The average motorcycle and bicycle export price stood at $X per unit in 2021, with a decrease of -68% against the previous year. Overall, the export price saw a dramatic curtailment. The pace of growth was the most pronounced in 2015 an increase of 46%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Yemen ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+57.0%), while the prices for the other major destinations experienced mixed trend patterns.

Motorcycle And Bicycle Imports

Imports into Saudi Arabia

In 2021, approx. X units of motorcycles and bicycles were imported into Saudi Arabia; with an increase of 50% against 2020. Over the period under review, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.1% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle and bicycle imports skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 27% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of motorcycle and bicycle to Saudi Arabia, with a 105% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 0.3% share of total imports. The third position in this ranking was held by Japan (X units), with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-25.8% per year) and Japan (-31.0% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and bicycles to Saudi Arabia, comprising 70% of total imports. The second position in the ranking was taken by Japan ($X), with an 8.6% share of total imports. It was followed by Taiwan (Chinese), with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-12.1% per year) and Taiwan (Chinese) (-7.6% per year).

Import Prices by Country

In 2021, the average motorcycle and bicycle import price amounted to $X per unit, dropping by -18.7% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 36%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained 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 2021, the most notable rate of growth in terms of prices was attained by Japan (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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