Report Update Jan 1, 2025

Uruguay - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Uruguay

In 2021, the Uruguayan motorcycle and bicycle market increased by 98% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Motorcycle And Bicycle Production in Uruguay

In value terms, motorcycle and bicycle production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt slump. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Motorcycle And Bicycle Exports

Exports from Uruguay

In 2021, shipments abroad of motorcycles and bicycles decreased by -23.6% to X units for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 736%. Over the period under review, the exports reached the maximum at X units in 2020, and then reduced notably in the following year.

In value terms, motorcycle and bicycle exports fell sharply to $X in 2021. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of 1,374%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Costa Rica (X units), Ecuador (X units) and Argentina (X units) were the main destinations of motorcycle and bicycle exports from Uruguay, with a combined 64% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +140.0%), while the other leaders experienced more modest paces of growth.

In value terms, Costa Rica ($X), Ecuador ($X) and the United States ($X) constituted the largest markets for motorcycle and bicycle exported from Uruguay worldwide.

Argentina, with a CAGR of +154.8%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2021, the average motorcycle and bicycle export price amounted to $X per unit, with a decrease of -11.8% against the previous year. In general, the export price showed a dramatic descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 76% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Guatemala ($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 Argentina (+1.2%), while the prices for the other major destinations experienced a decline.

Motorcycle And Bicycle Imports

Imports into Uruguay

In 2021, after three years of decline, there was significant growth in overseas purchases of motorcycles and bicycles, when their volume increased by 102% to X units. In general, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle and bicycle imports skyrocketed to $X in 2021. Overall, imports, however, recorded a slight reduction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest motorcycle and bicycle supplier to Uruguay, with a approx. 43% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -5.7%.

In value terms, China ($X) constituted the largest supplier of motorcycles and bicycles to Uruguay.

From 2012 to 2021, the average annual growth rate of value from China totaled -8.8%.

Import Prices by Country

In 2021, the average motorcycle and bicycle import price amounted to $X per unit, waning by -1.7% against the previous year. Overall, the import price saw a pronounced contraction. The growth pace was the most rapid in 2016 an increase of 4.3%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for motorcycles and bicycles in the world?

South Africa constituted the country with the largest volume of motorcycle and bicycle consumption, accounting for 33% of total volume. Moreover, motorcycle and bicycle consumption in South Africa exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with an 8.7% share.

What are the largest producers of motorcycles and bicycles in the world?

The country with the largest volume of motorcycle and bicycle production was China, accounting for 55% of total volume. Moreover, motorcycle and bicycle production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 3.4% share.

What are the leading suppliers of motorcycles and bicycles to Uruguay?

In value terms, China constituted the largest supplier of motorcycle and bicycle to Uruguay.

What are the leading importers of motorcycles and bicycles from Uruguay?

In value terms, the largest markets for motorcycle and bicycle exported from Uruguay were Costa Rica, Ecuador and the United States, with a combined 95% share of total exports. These countries were followed by Argentina and Guatemala, which together accounted for a further 2.7%.

What is the average export price for motorcycles and bicycles in Uruguay?

In 2021, the average motorcycle and bicycle export price amounted to $206 per unit, with a decrease of -54% against the previous year.

What is the average import price for motorcycles and bicycles in Uruguay?

The average motorcycle and bicycle import price stood at $200 per unit in 2021, increasing by 17% against the previous year.

This report provides an in-depth analysis of the motorcycle and bicycle market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024