India - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - 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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Price for Motorcycles and Cycles with an Auxiliary Motor in India - 2023

Contents:

  1. Price for Motorcycles and Cycles with an Auxiliary Motor in India (FOB) - 2023
  2. Price for Motorcycles and Cycles with an Auxiliary Motor in India (CIF) - 2022
  3. Exports of Motorcycles and Cycles with an Auxiliary Motor in India
  4. Imports of Motorcycles and Cycles with an Auxiliary Motor in India

Price for Motorcycles and Cycles with an Auxiliary Motor in India (FOB) - 2023

The average export price for motorcycles and cycles with an auxiliary motor stood at $1,130 per unit in November 2023, increasing by 9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 10% m-o-m. Over the period under review, the average export prices hit record highs at $1,229 per unit in November 2022; afterwards, it flattened through to November 2023.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Italy ($1,150 per unit), while the average price for exports to Poland stood at $443 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (0.0%).

Price for Motorcycles and Cycles with an Auxiliary Motor in India (CIF) - 2022

The average import price for motorcycles and cycles with an auxiliary motor stood at $138 per unit in 2022, jumping by 62% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 170%. As a result, import price reached the peak level of $443 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($196 per unit), while the price for China totaled $82 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.1%), while the prices for the other major suppliers experienced a decline.

Exports of Motorcycles and Cycles with an Auxiliary Motor in India

In 2022, overseas shipments of motorcycles and cycles with an auxiliary motor decreased by -11.1% to 7.3K units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 9.6% against the previous year. As a result, the exports attained the peak of 13K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor dropped modestly to $8.6M in 2022. Overall, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 3.1%. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Motorcycles and Cycles with an Auxiliary Motor in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11.412.17.88.4-9.7%
Myanmar0.1N/A0.3N/A73.2%
France0.40.40.2N/A-29.3%
Others0.60.50.60.2-30.7%
Total12.713.08.98.6-12.2%

Top Export Markets for Motorcycles and Cycles with an Auxiliary Motor from India in 2022:

  1. Italy (7.0K units)

Imports of Motorcycles and Cycles with an Auxiliary Motor in India

In 2022, supplies from abroad of motorcycles and cycles with an auxiliary motor decreased by -74.4% to 258 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 454% against the previous year. As a result, imports reached the peak of 1K units, and then shrank markedly in the following year.

In value terms, imports of motorcycles and cycles with an auxiliary motor shrank remarkably to $36K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 188% against the previous year. Over the period under review, imports of hit record highs at $86K in 2021, and then contracted dramatically in the following year.

Import of Motorcycles and Cycles with an Auxiliary Motor in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.423.684.620.334.2%
Hong Kong SARN/A0.20.11.2144.9%
Others2.26.61.014.286.2%
Total10.630.585.735.649.8%

Top Suppliers of Motorcycles and Cycles with an Auxiliary Motor to India in 2022:

  1. China (247.0 units)
  2. Hong Kong SAR (6.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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