Mexico - Motorcycles, Scooters and Side-Cars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Motorcycle, Scooter and Side-Car in Mexico - 2023
Contents:
- Price for Motorcycle, Scooter and Side-Car in Mexico (CIF) - 2022
- Price for Motorcycle, Scooter and Side-Car in Mexico (FOB) - 2022
- Imports of Motorcycle, Scooter and Side-Car in Mexico
- Exports of Motorcycle, Scooter and Side-Car in Mexico
Price for Motorcycle, Scooter and Side-Car in Mexico (CIF) - 2022
The average motorcycle, scooter and side-car import price stood at $963 per unit in 2022, picking up by 4.9% against the previous year. Overall, the import price, however, recorded a mild downturn. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. As a result, import price attained the peak level of $1,922 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,828 per unit), while the price for China ($583 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Motorcycle, Scooter and Side-Car in Mexico (FOB) - 2022
In 2022, the average motorcycle, scooter and side-car export price amounted to $8,377 per unit, increasing by 26% against the previous year. Over the period under review, the export price continues to indicate modest growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 178%. Over the period under review, the average export prices hit record highs at $9,510 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($29,134 per unit), while the average price for exports to the United Arab Emirates ($3,568 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+49.7%), while the prices for the other major destinations experienced a decline.
Imports of Motorcycle, Scooter and Side-Car in Mexico
Motorcycle, scooter and side-car imports into Mexico rose rapidly to 515K units in 2022, with an increase of 9.4% compared with the year before. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 153% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, motorcycle, scooter and side-car imports rose markedly to $496M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Motorcycle, Scooter and Side-Car in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 149 | 109 | 217 | 250 | 18.8% |
| India | 50.7 | 47.8 | 92.9 | 94.0 | 22.8% |
| Japan | 23.0 | 22.7 | 20.7 | 32.9 | 12.7% |
| Others | 115 | 94.3 | 101 | 119 | 1.1% |
| Total | 337 | 274 | 432 | 496 | 13.7% |
Top Suppliers of Motorcycle, Scooter and Side-Car to Mexico in 2022:
- China (428.0K units)
- India (55.6K units)
- Japan (11.2K units)
Exports of Motorcycle, Scooter and Side-Car in Mexico
In 2022, overseas shipments of motorcycles, scooters and side-cars increased by 22% to 2.4K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic curtailment. Over the period under review, the exports attained the peak figure at 7.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, motorcycle, scooter and side-car exports skyrocketed to $20M in 2022. Over the period under review, exports, however, saw a significant curtailment. Over the period under review, the exports reached the peak figure at $69M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Motorcycle, Scooter and Side-Car in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.9 | 43.3 | 12.1 | 17.4 | -36.5% |
| United Arab Emirates | 0.5 | 0.1 | 0.2 | 1.3 | 37.5% |
| China | N/A | 0.3 | 0.7 | 1.3 | 108.2% |
| Others | 0.6 | 0.6 | N/A | N/A | 0.0% |
| Total | 69.0 | 44.3 | 13.0 | 20.0 | -33.8% |
Top Export Markets for Motorcycle, Scooter and Side-Car from Mexico in 2022:
- United States (1980.0 units)
- United Arab Emirates (364.0 units)
- China (45.0 units)
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Mexico. 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.
- Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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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