Saudi Arabia: Market for Motorcycles, Scooters and Side-Cars 2024

Market Size for Motorcycles, Scooters and Side-Cars in Saudi Arabia

The Saudi motorcycle, scooter and side-car market rose notably to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed buoyant growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Motorcycles, Scooters and Side-Cars in Saudi Arabia

In value terms, motorcycle, scooter and side-car production reached $X in 2022 estimated in export price. In general, production posted a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Motorcycle, scooter and side-car production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Motorcycles, Scooters and Side-Cars

Exports from Saudi Arabia

In 2022, shipments abroad of motorcycles, scooters and side-cars decreased by X% to X units, falling for the second consecutive year after two years of decline. Over the period under review, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle, scooter and side-car exports contracted remarkably to $X in 2022. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units), Morocco (X units) and Belize (X units) were the main destinations of motorcycle, scooter and side-car exports from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belize (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for motorcycle, scooter and side-car exported from Saudi Arabia were Morocco ($X), the UK ($X) and France ($X), with a combined X% share of total exports.

Morocco, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average motorcycle, scooter and side-car export price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Morocco ($X per unit), while the average price for exports to Belize ($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 Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motorcycles, Scooters and Side-Cars

Imports into Saudi Arabia

In 2022, after two years of decline, there was significant growth in purchases abroad of motorcycles, scooters and side-cars, when their volume increased by X% to X units. Over the period under review, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, motorcycle, scooter and side-car imports expanded sharply to $X in 2022. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Japan (X units) and Taiwan (Chinese) (X units) were the main suppliers of motorcycle, scooter and side-car imports to Saudi Arabia, with a combined X% share of total imports. India and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), China ($X) and Japan ($X) appeared to be the largest motorcycle, scooter and side-car suppliers to Saudi Arabia, together comprising X% of total imports. India and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average motorcycle, scooter and side-car import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price, however, saw a measured increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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