Belgium - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotorcycle and Bicycle Price in Belgium - 2023
Contents:
- Motorcycle and Bicycle Price in Belgium (CIF) - 2023
- Motorcycle and Bicycle Price in Belgium (FOB) - 2023
- Motorcycle and Bicycle Imports in Belgium
- Motorcycle and Bicycle Exports in Belgium
Motorcycle and Bicycle Price in Belgium (CIF) - 2023
The average motorcycle and bicycle import price stood at $590 per unit in June 2023, which is down by -4.9% against the previous month. Over the period under review, the import price, however, continues to indicate a slight expansion. The pace of growth appeared the most rapid in September 2022 an increase of 21% m-o-m. Over the period under review, average import prices reached the maximum at $688 per unit in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,354 per unit), while the price for Romania ($171 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle and Bicycle Price in Belgium (FOB) - 2023
The average motorcycle and bicycle export price stood at $635 per unit in June 2023, waning by -20.9% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 28% month-to-month. Over the period under review, the average export prices hit record highs at $803 per unit in May 2023, and then fell dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($1,216 per unit), while the average price for exports to the Netherlands ($300 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle and Bicycle Imports in Belgium
Motorcycle and bicycle imports into Belgium rose rapidly to 2.9M units in 2022, picking up by 6.8% compared with 2021 figures. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 236%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, motorcycle and bicycle imports soared to $2.3B in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 169% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Motorcycle and Bicycle in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 118 | 400 | 393 | 549 | 66.9% |
| Germany | 92.4 | 140 | 166 | 201 | 29.6% |
| Bulgaria | 25.3 | 116 | 111 | 182 | 93.0% |
| China | 29.8 | 108 | 143 | 161 | 75.5% |
| Italy | 54.2 | 61.2 | 94.4 | 105 | 24.7% |
| Cambodia | 6.0 | 83.6 | 75.0 | 89.7 | 146.3% |
| Hungary | 1.9 | 12.2 | 37.2 | 89.2 | 260.7% |
| Taiwan (Chinese) | 6.0 | 54.8 | 48.2 | 65.7 | 122.1% |
| France | 42.5 | 45.4 | 50.0 | 53.1 | 7.7% |
| Portugal | 2.5 | 9.5 | 17.6 | 15.9 | 85.3% |
| Romania | 2.1 | 8.3 | 8.0 | 8.5 | 59.4% |
| Others | 226 | 594 | 678 | 792 | 51.9% |
| Total | 606 | 1,632 | 1,821 | 2,312 | 56.3% |
Top Suppliers of Motorcycle and Bicycle to Belgium in 2022:
- Netherlands (912.8K units)
- China (540.9K units)
- Bulgaria (299.1K units)
- Cambodia (211.5K units)
- Hungary (177.5K units)
- Italy (146.9K units)
- Germany (125.1K units)
- Taiwan (Chinese) (82.1K units)
- Portugal (70.6K units)
- Romania (58.7K units)
- France (56.5K units)
Motorcycle and Bicycle Exports in Belgium
After three years of growth, overseas shipments of motorcycles and bicycles decreased by -3.3% to 1.4M units in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 585% against the previous year. Over the period under review, the exports hit record highs at 1.5M units in 2021, and then shrank in the following year.
In value terms, motorcycle and bicycle exports rose sharply to $1.5B in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 373% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Motorcycle and Bicycle in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 153 | 429 | 511 | 525 | 50.8% |
| France | 24.6 | 295 | 325 | 387 | 150.6% |
| Italy | 5.1 | 78.6 | 87.5 | 103 | 172.3% |
| Netherlands | 48.9 | 81.7 | 97.8 | 98.4 | 26.2% |
| Spain | 4.2 | 52.7 | 56.2 | 73.5 | 159.6% |
| Poland | 3.0 | 44.5 | 62.7 | 70.5 | 186.4% |
| Austria | 1.5 | 39.3 | 47.8 | 62.3 | 246.3% |
| Sweden | 0.2 | 29.7 | 38.2 | 42.3 | 495.8% |
| Denmark | 1.7 | 18.7 | 17.3 | 23.9 | 141.4% |
| Others | 20.2 | 172 | 152 | 155 | 97.2% |
| Total | 262 | 1,241 | 1,395 | 1,542 | 80.5% |
Top Export Markets for Motorcycle and Bicycle from Belgium in 2022:
- France (631.7K units)
- Germany (266.1K units)
- Netherlands (160.8K units)
- Poland (66.1K units)
- Sweden (39.7K units)
- Italy (39.1K units)
- Spain (37.5K units)
- Austria (31.9K units)
- Denmark (23.7K units)
This report provides an in-depth analysis of the motorcycle and bicycle market in Belgium. 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.
- 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
- Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
-
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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