EU: Market for Motorcycles, Scooters and Side-Cars 2024

Market Size for Motorcycles, Scooters and Side-Cars in the EU

In 2022, after six years of growth, there was decline in the EU motorcycle, scooter and side-car market, when its value decreased by X% to $X. Over the period under review, consumption, however, continues to indicate a resilient increase. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Motorcycles, Scooters and Side-Cars in the EU

In value terms, motorcycle, scooter and side-car production expanded slightly to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to continue growth in the near future.

Exports of Motorcycles, Scooters and Side-Cars

Exports in the EU

For the eleventh consecutive year, the European Union recorded growth in shipments abroad of motorcycles, scooters and side-cars, which increased by X% to X units in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, motorcycle, scooter and side-car exports rose notably to $X in 2022. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X units) was the major exporter of motorcycles, scooters and side-cars, constituting X% of total exports. Germany (X units) took the second position in the ranking, followed by Italy (X units), Belgium (X units), Austria (X units), Bulgaria (X units) and Spain (X units). All these countries together held approx. X% share of total exports. Hungary (X units), Portugal (X units), the Czech Republic (X units), Poland (X units), France (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to motorcycle, scooter and side-car exports from the Netherlands stood at X%. At the same time, Bulgaria (X%), Romania (X%), Portugal (X%), Hungary (X%), Poland (X%), the Czech Republic (X%), Spain (X%), Germany (X%), Belgium (X%), France (X%), Austria (X%) and Italy (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the Netherlands, Bulgaria, Hungary, Portugal, Romania, Poland and the Czech Republic increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest motorcycle, scooter and side-car supplying countries in the European Union were Germany ($X), Austria ($X) and Italy ($X), with a combined X% share of total exports. The Netherlands, Belgium, France, Spain, Hungary, Bulgaria, the Czech Republic, Poland, Portugal and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Bulgaria, with a CAGR of X%, 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 2022, the export price in the European Union amounted to $X per unit, declining by X% against the previous year. Overall, the export price recorded a deep contraction. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced a decline in the export price figures.

Imports of Motorcycles, Scooters and Side-Cars

Imports in the EU

In 2022, after eight years of growth, there was decline in purchases abroad of motorcycles, scooters and side-cars, when their volume decreased by X% to X units. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2016 with an increase of X%. The volume of import peaked at X units in 2021, and then shrank in the following year.

In value terms, motorcycle, scooter and side-car imports totaled $X in 2022. In general, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units), distantly followed by Germany (X units), France (X units), Belgium (X units), Spain (X units) and Italy (X units) represented the key importers of motorcycles, scooters and side-cars, together committing X% of total imports. The following importers - Poland (X units), Austria (X units), Sweden (X units), Denmark (X units) and the Czech Republic (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Belgium, Italy, Spain, Austria, the Czech Republic, Poland, Sweden and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Denmark, with a CAGR of X%, saw the highest rates of growth with regard to 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 import price in the European Union stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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