Pakistan - Motorcycles and Scooters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotorcycle and Scooter Price in Pakistan - 2023
Contents:
- Motorcycle and Scooter Price in Pakistan (CIF) - 2023
- Motorcycle and Scooter Price in Pakistan (FOB) - 2023
- Motorcycle and Scooter Imports in Pakistan
- Motorcycle and Scooter Exports in Pakistan
Motorcycle and Scooter Price in Pakistan (CIF) - 2023
In February 2023, the average motorcycle and scooter import price amounted to $9.4 per unit, declining by -11.3% against the previous month. Overall, the import price saw a slight descent. The growth pace was the most rapid in December 2022 when the average import price increased by 7.2% against the previous month. Over the period under review, average import prices hit record highs at $11.8 per unit in April 2022; however, from May 2022 to February 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2023, the country with the highest price was Japan ($10.0 per unit), while the price for Thailand ($8.2 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.
Motorcycle and Scooter Price in Pakistan (FOB) - 2023
In February 2023, the average motorcycle and scooter export price amounted to $399 per unit, waning by -12.3% against the previous month. Over the period under review, the export price, however, posted measured growth. The growth pace was the most rapid in September 2022 when the average export price increased by 1,411% m-o-m. As a result, the export price attained the peak level of $8,224 per unit. From October 2022 to February 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From February 2022 to February 2023, the rate of growth in terms of prices for Afghanistan amounted to +1.7% per month.
Motorcycle and Scooter Imports in Pakistan
In 2022, approx. 6.4M units of motorcycles and scooters were imported into Pakistan; which is down by -32.8% on 2021. In general, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of 9.6M units, and then fell sharply in the following year.
In value terms, motorcycle and scooter imports contracted notably to $67M in 2022. Over the period under review, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. As a result, imports reached the peak of $87M, and then contracted rapidly in the following year.
Import of Motorcycle and Scooter in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 51.9 | 47.5 | 66.9 | 56.7 | 3.0% |
Japan | 9.9 | 7.8 | 10.5 | 5.3 | -18.8% |
Thailand | 6.9 | 4.1 | 5.4 | 2.3 | -30.7% |
Others | 1.6 | 1.9 | 3.9 | 2.7 | 19.1% |
Total | 70.3 | 61.4 | 86.8 | 67.0 | -1.6% |
Top Suppliers of Motorcycle and Scooter to Pakistan in 2022:
- China (5.6M units)
- Japan (0.4M units)
- Thailand (0.2M units)
Motorcycle and Scooter Exports in Pakistan
For the fourth year in a row, Pakistan recorded growth in overseas shipments of motorcycles and scooters, which increased by 48% to 15K units in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 146%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, motorcycle and scooter exports surged to $7.1M in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 166% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
Export of Motorcycle and Scooter in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Afghanistan | 0.8 | 1.5 | 4.2 | 6.9 | 105.1% |
Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Total | 0.9 | 1.6 | 4.3 | 7.1 | 99.1% |
Top Export Markets for Motorcycle and Scooter from Pakistan in 2022:
- Afghanistan (14.4K units)
This report provides an in-depth analysis of the motorcycle and scooter market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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