South-Eastern Asia: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in South-Eastern Asia

The Southeast Asian motorcycle and scooter market was estimated at $X in 2020, approximately reflecting the previous year. Overall, consumption, however, showed a slight expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Motorcycle And Scooter Production in South-Eastern Asia

In value terms, motorcycle and scooter production surged to $X in 2020 estimated in export prices. The total production indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Production By Country in South-Eastern Asia

Vietnam (X units) remains the largest motorcycle and scooter producing country in South-Eastern Asia, accounting for X% of total volume. Moreover, motorcycle and scooter production in Vietnam exceeded the figures recorded by the second-largest producer, Indonesia (X units), fourfold. The third position in this ranking was occupied by Thailand (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Vietnam totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and Thailand (-X% per year).

Motorcycle And Scooter Exports

Exports in South-Eastern Asia

In 2020, overseas shipments of motorcycles and scooters decreased by -X% to X units, falling for the second year in a row after four years of growth. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. The volume of export peaked at X units in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, motorcycle and scooter exports expanded sharply to $X in 2020. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. The level of export peaked in 2020 and is likely to see gradual growth in the near future.

Exports by Country

Vietnam was the main exporter of motorcycles and scooters in South-Eastern Asia, with the volume of exports reaching X units, which was near X% of total exports in 2020. It was distantly followed by Indonesia (X units) and Thailand (X units), together achieving a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam, while exports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2020, together comprising X% of total exports.

Among the main exporting countries, Vietnam saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the motorcycle and scooter export price in South-Eastern Asia amounted to $X per unit, rising by X% against the previous year. Export price indicated modest growth from 2007 to 2020: its price 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, motorcycle and scooter export price increased by +X% against 2017 indices. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per unit in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced mixed trends in the export price figures.

Motorcycle And Scooter Imports

Imports in South-Eastern Asia

In 2020, overseas purchases of motorcycles and scooters decreased by -X% to X units, falling for the second year in a row after eight years of growth. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of X units. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, motorcycle and scooter imports shrank significantly to $X in 2020. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then declined remarkably in the following year.

Imports by Country

The countries with the highest levels of motorcycle and scooter imports in 2020 were the Philippines (X units), Vietnam (X units) and Myanmar (X units), together resulting at X% of total import. Thailand (X units) ranks next in terms of the total imports with a X% share, followed by Malaysia (X%) and Cambodia (X%). Lao People's Democratic Republic (X units) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Vietnam, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) constitutes the largest market for imported motorcycles and scooters in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the Philippines totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Thailand (+X% per year).

Import Prices by Country

In 2020, the motorcycle and scooter import price in South-Eastern Asia amounted to $X per unit, jumping by X% against the previous year. Import price indicated a buoyant expansion from 2007 to 2020: its price 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, motorcycle and scooter import price increased by +X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Philippines ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform