Saudi Arabia: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in Saudi Arabia

After two years of growth, the Saudi motorcycle and scooter market decreased by -X% to $X in 2020. Over the period under review, the total consumption indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Motorcycle And Scooter Exports

Exports from Saudi Arabia

Motorcycle and scooter exports from Saudi Arabia declined rapidly to X units in 2020, waning by -X% on 2019 figures. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, motorcycle and scooter exports dropped notably to $X in 2020. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Malaysia (X units), Egypt (X units) and the United States (X units) were the main destinations of motorcycle and scooter exports from Saudi Arabia.

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

In value terms, Egypt ($X), Malaysia ($X) and the Netherlands ($X) appeared to be the largest markets for motorcycle and scooter exported from Saudi Arabia worldwide, together accounting for X% of total exports. These countries were followed by the UK, Oman, Canada, the United States and Germany, which together accounted 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

In 2020, the average motorcycle and scooter export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price posted resilient growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United States ($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 Saudi Arabia

In 2020, the amount of motorcycles and scooters imported into Saudi Arabia reduced modestly to X units, with a decrease of -X% compared with the year before. In general, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at X units in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, motorcycle and scooter imports reduced to $X in 2020. Over the period under review, total imports indicated a mild increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2013 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

China (X units), Japan (X units) and India (X units) were the main suppliers of motorcycle and scooter imports to Saudi Arabia, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle and scooter suppliers to Saudi Arabia were China ($X), Japan ($X) and the United States ($X), together comprising X% of total imports. These countries were followed by India and Taiwan (Chinese), which together accounted for a further X terms of the main suppliers, India recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average motorcycle and scooter import price amounted to $X per unit, declining by -X% against the previous year. Overall, the import price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, 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 the United States, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform