Luxembourg - Motorcycles and Scooters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotorcycle and Scooter Price in Luxembourg - 2023
Contents:
- Motorcycle and Scooter Price in Luxembourg (CIF) - 2023
- Motorcycle and Scooter Price in Luxembourg (FOB) - 2023
- Motorcycle and Scooter Imports in Luxembourg
- Motorcycle and Scooter Exports in Luxembourg
Motorcycle and Scooter Price in Luxembourg (CIF) - 2023
In July 2023, the average motorcycle and scooter import price amounted to $7,669 per unit, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 9.8% against the previous month. The import price peaked at $7,958 per unit in April 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($10,627 per unit), while the price for Italy ($3,615 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+62.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle and Scooter Price in Luxembourg (FOB) - 2023
The average motorcycle and scooter export price stood at $4,800 per unit in June 2023, with an increase of 2.8% against the previous month. Over the period under review, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 36% against the previous month. Over the period under review, the average export prices attained the maximum at $5,952 per unit in July 2022; afterwards, it flattened through to June 2023.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Georgia ($12,666 per unit), while the average price for exports to France ($4,288 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 Georgia (+20.1%), while the prices for the other major destinations experienced a decline.
Motorcycle and Scooter Imports in Luxembourg
In 2022, supplies from abroad of motorcycles and scooters decreased by -69.6% to 6.3K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 417% against the previous year. Imports peaked at 21K units in 2021, and then shrank significantly in the following year.
In value terms, motorcycle and scooter imports fell remarkably to $28M in 2022. In general, imports, however, posted a measured expansion. The growth pace was the most rapid in 2020 with an increase of 95% against the previous year. Over the period under review, imports attained the maximum at $48M in 2021, and then contracted markedly in the following year.
Import of Motorcycle and Scooter in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 9.0 | 16.9 | 19.7 | 10.9 | 6.6% |
Netherlands | 0.1 | 3.7 | 6.0 | 7.2 | 316.0% |
France | 1.8 | 4.3 | 4.2 | 4.5 | 35.7% |
Germany | 5.0 | 6.0 | 5.3 | 4.0 | -7.2% |
Italy | 3.4 | 0.9 | 1.3 | 1.2 | -29.3% |
Austria | N/A | 0.2 | 1.0 | 0.2 | 0.0% |
China | 0.1 | 8.3 | 5.3 | N/A | 628.0% |
Others | 4.8 | 7.1 | 5.3 | N/A | 5.1% |
Total | 24.3 | 47.4 | 48.2 | 28.0 | 4.8% |
Top Suppliers of Motorcycle and Scooter to Luxembourg in 2022:
- Belgium (2827.0 units)
- Netherlands (1422.0 units)
- Italy (716.0 units)
- France (701.0 units)
- Germany (530.0 units)
- Austria (115.0 units)
Motorcycle and Scooter Exports in Luxembourg
In 2022, overseas shipments of motorcycles and scooters decreased by -78.6% to 1.4K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,307%. Over the period under review, the exports attained the maximum at 6.6K units in 2021, and then shrank dramatically in the following year.
In value terms, motorcycle and scooter exports fell dramatically to $6.1M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 616% against the previous year. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Motorcycle and Scooter in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1.4 | 3.8 | 6.6 | 3.7 | 38.3% |
France | 1.4 | 17.9 | 7.5 | 1.9 | 10.7% |
Germany | 0.3 | 0.5 | 0.2 | N/A | -18.4% |
Portugal | N/A | N/A | N/A | N/A | 0% |
Italy | N/A | N/A | 1.5 | N/A | 0% |
Turkey | N/A | N/A | N/A | N/A | 0% |
Others | 0.2 | 1.4 | 2.8 | 0.6 | 44.2% |
Total | 3.3 | 23.5 | 18.5 | 6.1 | 22.7% |
Top Export Markets for Motorcycle and Scooter from Luxembourg in 2022:
- Belgium (756.0 units)
- France (406.0 units)
- Portugal (44.0 units)
- Turkey (33.0 units)
- Germany (5.0 units)
- Italy (3.0 units)
This report provides an in-depth analysis of the motorcycle and scooter market in Luxembourg. 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 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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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