Turkey - Motorcycles and Scooters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotorcycle and Scooter Price in Turkey - 2023
Contents:
- Motorcycle and Scooter Price in Turkey (CIF) - 2023
- Motorcycle and Scooter Price in Turkey (FOB) - 2023
- Motorcycle and Scooter Imports in Turkey
- Motorcycle and Scooter Exports in Turkey
Motorcycle and Scooter Price in Turkey (CIF) - 2023
The average motorcycle and scooter import price stood at $2,711 per unit in July 2023, dropping by -12.3% against the previous month. Overall, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 26% m-o-m. The import price peaked at $4,403 per unit in July 2022; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4,629 per unit), while the price for Vietnam ($1,628 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle and Scooter Price in Turkey (FOB) - 2023
In July 2023, the average motorcycle and scooter export price amounted to $465 per unit, with a decrease of -96.1% against the previous month. Over the period under review, the export price saw a noticeable decline. The most prominent rate of growth was recorded in June 2023 an increase of 975% against the previous month. As a result, the export price attained the peak level of $11,973 per unit, and then declined remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Azerbaijan ($6,698 per unit), while the average price for exports to Syrian Arab Republic ($337 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle and Scooter Imports in Turkey
For the fourth consecutive year, Turkey recorded growth in purchases abroad of motorcycles and scooters, which increased by 8.2% to 90K units in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, motorcycle and scooter imports soared to $252M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Motorcycle and Scooter in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 9.1 | 11.4 | 47.9 | 68.4 | 95.9% |
Italy | 9.2 | 13.6 | 23.6 | 55.1 | 81.6% |
China | 13.5 | 22.2 | 24.7 | 25.9 | 24.3% |
Japan | 9.6 | 10.2 | 16.6 | 19.5 | 26.6% |
France | 20.9 | 22.9 | 13.4 | 17.2 | -6.3% |
India | 1.7 | 7.1 | 11.5 | 11.1 | 86.9% |
Indonesia | 7.8 | 13.9 | 7.2 | 7.8 | 0.0% |
Others | 16.6 | 25.7 | 37.6 | 46.8 | 41.3% |
Total | 88.3 | 127 | 183 | 252 | 41.8% |
Top Suppliers of Motorcycle and Scooter to Turkey in 2022:
- Vietnam (43.2K units)
- China (16.7K units)
- Italy (8.4K units)
- India (5.6K units)
- France (4.2K units)
- Indonesia (3.2K units)
- Japan (2.7K units)
Motorcycle and Scooter Exports in Turkey
In 2022, after two years of decline, there was significant growth in shipments abroad of motorcycles and scooters, when their volume increased by 53% to 6.3K units. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle and scooter exports skyrocketed to $7.6M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Motorcycle and Scooter in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Syrian Arab Republic | 2,085 | 2,130 | 1,642 | 3,039 | 13.4% |
Russia | N/A | N/A | N/A | 2,031 | 0% |
Azerbaijan | 272 | 81.5 | 41.0 | 422 | 15.8% |
Lebanon | 37.8 | 53.1 | 66.4 | 223 | 80.7% |
Cyprus | 59.3 | 9.9 | 60.7 | 159 | 38.9% |
Hungary | 16.9 | 113 | 92.3 | 93.1 | 76.6% |
Others | 1,358 | 1,515 | 845 | 1,649 | 6.7% |
Total | 3,829 | 3,903 | 2,747 | 7,615 | 25.8% |
Top Export Markets for Motorcycle and Scooter from Turkey in 2022:
- Syrian Arab Republic (4635.0 units)
- Russia (230.0 units)
- Azerbaijan (228.0 units)
- Lebanon (224.0 units)
- Hungary (169.0 units)
- Cyprus (120.0 units)
This report provides an in-depth analysis of the motorcycle and scooter market in Turkey. 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 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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