Overview of the Global Market for Side Cars and Cycles with Non-Combustion Motors

Market Size for Side Cars and Cycles with Non-Combustion Motors

After three years of growth, the global market for side cars and cycles with non-combustion motors decreased by X% to $X in 2022. Overall, consumption posted a resilient increase. Global consumption peaked at $X in 2021, and then reduced in the following year.

Production of Side Cars and Cycles with Non-Combustion Motors

In value terms, production of side cars and cycles with non-combustion motors stood at $X in 2022 estimated in export price. Over the period under review, production enjoyed buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by X%. Global production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Side Cars and Cycles with Non-Combustion Motors

Exports

In 2022, after five years of growth, there was significant decline in overseas shipments of side cars and cycles with non-combustion motors, when their volume decreased by X% to X units. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The global exports peaked at X units in 2021, and then dropped rapidly in the following year.

In value terms, exports of side cars and cycles with non-combustion motors expanded remarkably to $X in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the global exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

China prevails in motors structure, reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by the Netherlands (X units), achieving a X% share of total exports. The following exporters - Taiwan (Chinese) (X units), Germany (X units), Belgium (X units), Bulgaria (X units) and Italy (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to side car and cycle with non-combustion motor exports from China stood at X%. At the same time, Bulgaria (X%), the Netherlands (X%), Italy (X%), Germany (X%), Belgium (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. While the share of the Netherlands (X p.p.) and Bulgaria (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest side car and cycle with non-combustion motor supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average export price for side cars and cycles with non-combustion motors amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other global leaders experienced mixed trends in the export price figures.

Imports of Side Cars and Cycles with Non-Combustion Motors

Imports

After four years of growth, purchases abroad of side cars and cycles with non-combustion motors decreased by X% to X units in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, global imports of reached the maximum at X units in 2021, and then fell in the following year.

In value terms, imports of side cars and cycles with non-combustion motors expanded significantly to $X in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, global imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States (X units) and the Netherlands (X units) were the major importers of side cars and cycles with non-combustion motors in 2022, reaching near X% and X% of total imports, respectively. It was distantly followed by Germany (X units), France (X units) and the Philippines (X units), together constituting a X% share of total imports. The following importers - the UK (X units), Belgium (X units), Japan (X units), Canada (X units), Spain (X units), Poland (X units), Australia (X units) and Italy (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. France, Belgium, the Philippines, the UK, Canada, Spain, Italy, Australia, Japan and Poland lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for side cars and cycles with non-combustion motors amounted to $X per unit, picking up by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price 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, import price for side cars and cycles with non-combustion motors increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :