Spain: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Spain

In 2021, the Spanish motorcycle and bicycle market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.8% against 2018 indices. Motorcycle and bicycle consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Motorcycle And Bicycle Production in Spain

In value terms, motorcycle and bicycle production surged to $X in 2021 estimated in export price. Over the period under review, production saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34% against the previous year. Over the period under review, production hit record highs in 2021 and is likely to continue growth in the near future.

Motorcycle And Bicycle Exports

Exports from Spain

In 2021, shipments abroad of motorcycles and bicycles increased by 63% to X units, rising for the sixth consecutive year after three years of decline. In general, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle and bicycle exports surged to $X in 2021. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), Portugal (X units) and Italy (X units) were the main destinations of motorcycle and bicycle exports from Spain, with a combined 50% share of total exports. Germany, the UK, the United States, Belgium, Austria, Poland and Hungary lagged somewhat behind, together comprising a further 22%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +32.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motorcycle and bicycle exported from Spain were France ($X), Portugal ($X) and Germany ($X), together comprising 50% of total exports. Italy, the UK, Austria, the United States, Belgium, Poland and Hungary lagged somewhat behind, together accounting for a further 32%.

Among the main countries of destination, the United States, with a CAGR of +25.2%, recorded the highest rates of growth with regard to 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 2021, the average motorcycle and bicycle export price amounted to $X per unit, falling by -13.5% against the previous year. Over the period under review, the export price saw a slight setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Hungary ($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 Poland (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Bicycle Imports

Imports into Spain

In 2021, the amount of motorcycles and bicycles imported into Spain was estimated at X units, increasing by 8.5% against 2020. Overall, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +10.1% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 29%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, motorcycle and bicycle imports surged to $X in 2021. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 28%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Portugal (X units), China (X units) and Italy (X units) were the main suppliers of motorcycle and bicycle imports to Spain, with a combined 97% share of total imports. These countries were followed by Japan, Germany, Romania, the Netherlands, France, Vietnam, Austria, Taiwan (Chinese), Belgium and Thailand, which together accounted for a further 48%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +111.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle and bicycle suppliers to Spain were China ($X), Italy ($X) and Portugal ($X), together accounting for 41% of total imports. These countries were followed by France, Germany, Japan, Austria, Thailand, the Netherlands, Taiwan (Chinese), Belgium, Vietnam and Romania, which together accounted for a further 56%.

In terms of the main suppliers, Vietnam, with a CAGR of +110.8%, recorded the highest growth rate of 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

The average motorcycle and bicycle import price stood at $X per unit in 2021, surging by 15% against the previous year. In general, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motorcycle and bicycle import price increased by +55.5% against 2017 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 25% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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