Vietnam - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Market for Motorcycles and Cycles With an Auxiliary Motor 2024
Market Size for Motorcycles and Cycles With an Auxiliary Motor in Vietnam
The Vietnamese market for motorcycles and cycles with an auxiliary motor shrank to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption recorded a perceptible decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.
Production of Motorcycles and Cycles With an Auxiliary Motor in Vietnam
In value terms, production of motorcycles and cycles with an auxiliary motor fell modestly to $X in 2023 estimated in export price. Over the period under review, production recorded a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Production of peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
Exports of Motorcycles and Cycles With an Auxiliary Motor
Exports from Vietnam
After five years of decline, overseas shipments of motorcycles and cycles with an auxiliary motor increased by X% to X units in 2023. In general, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2023, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of motorcycles and cycles with an auxiliary motor soared to $X in 2023. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports of remained at a somewhat lower figure.
Exports by Country
Canada (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Vietnam, with a X% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to Canada exceeded the volume sent to the second major destination, the UK (X units), threefold. Germany (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).
In value terms, Canada ($X) emerged as the key foreign market for motorcycles and cycles with an auxiliary motor exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the UK, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the UK (X% per year).
Export Prices by Country
The average export price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2022, and then shrank in the following year.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Togo (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Motorcycles and Cycles With an Auxiliary Motor
Imports into Vietnam
In 2023, imports of motorcycles and cycles with an auxiliary motor into Vietnam dropped sharply to X units, with a decrease of X% on 2022 figures. Overall, imports faced a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2023, the growth of imports of failed to regain momentum.
In value terms, imports of motorcycles and cycles with an auxiliary motor shrank remarkably to $X in 2023. In general, imports faced a abrupt setback. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X units) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Vietnam, with a X% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold.
From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%.
In value terms, China ($X) and Malaysia ($X) appeared to be the largest motorcycles and cycles with an auxiliary motor suppliers to Vietnam.
Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2023, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor in Vietnam. 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.
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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