Southern Asia: Market for Motorcycles and Cycles With an Auxiliary Motor 2025

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Southern Asia

The South Asian market for motorcycles and cycles with an auxiliary motor reduced to $X in 2021, which is down by -5.6% against the previous year. In general, consumption showed a pronounced decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Motorcycles and Cycles With an Auxiliary Motor in Southern Asia

In value terms, production of motorcycles and cycles with an auxiliary motor reduced to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 22%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in Southern Asia

After three years of growth, shipments abroad of motorcycles and cycles with an auxiliary motor decreased by -37.3% to X units in 2021. Over the period under review, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 1,523% against the previous year. The volume of export peaked at X units in 2020, and then fell markedly in the following year.

In value terms, exports of motorcycles and cycles with an auxiliary motor declined rapidly to $X in 2021. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 2,009% against the previous year. The level of export peaked at $X in 2020, and then dropped significantly in the following year.

Exports by Country

The shipments of the one major exporters of motorcycles and cycles with an auxiliary motor, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the motorcycles and cycles with an auxiliary motor exports, with a CAGR of +13.2% from 2012 to 2021. India (+5 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest motorcycles and cycles with an auxiliary motor supplier in Southern Asia.

In India, exports of motorcycles and cycles with an auxiliary motor increased at an average annual rate of +21.3% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, increasing by 8.9% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 99%. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +7.2% per year.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in Southern Asia

Imports of motorcycles and cycles with an auxiliary motor fell notably to X units in 2021, waning by -19% against the year before. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 93%. Over the period under review, imports of reached the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor declined to $X in 2021. Overall, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of 213% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X units), Maldives (X units), Sri Lanka (X units), Afghanistan (X units) and Nepal (X units) represented the main importer of motorcycles and cycles with an auxiliary motor in Southern Asia, creating 95% of total import. Bangladesh (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +33.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X) constitutes the largest market for imported motorcycles and cycles with an auxiliary motor in Southern Asia, comprising 54% of total imports. The second position in the ranking was taken by Nepal ($X), with a 17% share of total imports. It was followed by Bangladesh, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Maldives totaled +37.4%. In the other countries, the average annual rates were as follows: Nepal (+21.9% per year) and Bangladesh (-22.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, rising by 14% against the previous year. Over the period under review, the import price continues to indicate a noticeable expansion. The growth pace was the most rapid in 2020 when the import price increased by 88% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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