Ecuador - Motorcycles, Scooters and Side-Cars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Motorcycle, Scooter and Side-Car in Ecuador - 2022
Contents:
- Price for Motorcycle, Scooter and Side-Car in Ecuador (CIF) - 2022
- Price for Motorcycle, Scooter and Side-Car in Ecuador (FOB) - 2022
- Imports of Motorcycle, Scooter and Side-Car in Ecuador
- Exports of Motorcycle, Scooter and Side-Car in Ecuador
Price for Motorcycle, Scooter and Side-Car in Ecuador (CIF) - 2022
In 2022, the average motorcycle, scooter and side-car import price amounted to $693 per unit, dropping by -2.7% against the previous year. Overall, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24%. Over the period under review, average import prices reached the maximum at $802 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,142 per unit), while the price for China ($578 per unit) was amongst the lowest.
From 2012 to 2022, 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.
Price for Motorcycle, Scooter and Side-Car in Ecuador (FOB) - 2022
In 2022, the average motorcycle, scooter and side-car export price amounted to $1,026 per unit, shrinking by -29% against the previous year. In general, the export price faced a abrupt setback. The growth pace was the most rapid in 2015 an increase of 448% against the previous year. As a result, the export price reached the peak level of $6,269 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($1,090 per unit), while the average price for exports to Peru stood at $1,024 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-3.0%).
Imports of Motorcycle, Scooter and Side-Car in Ecuador
In 2022, the amount of motorcycles, scooters and side-cars imported into Ecuador surged to 318K units, with an increase of 32% compared with 2021 figures. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, motorcycle, scooter and side-car imports surged to $220M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 64%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Motorcycle, Scooter and Side-Car in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 71.7 | 72.4 | 114 | 155 | 29.3% |
India | 21.8 | 13.0 | 28.5 | 35.3 | 17.4% |
Colombia | 9.6 | 9.0 | 9.7 | 11.8 | 7.1% |
Others | 11.7 | 10.0 | 19.5 | 17.9 | 15.2% |
Total | 115 | 104 | 172 | 220 | 24.1% |
Top Suppliers of Motorcycle, Scooter and Side-Car to Ecuador in 2022:
- China (268.9K units)
- India (30.9K units)
- Colombia (12.1K units)
Exports of Motorcycle, Scooter and Side-Car in Ecuador
For the fourth year in a row, Ecuador recorded growth in overseas shipments of motorcycles, scooters and side-cars, which increased by 89% to 72 units in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle, scooter and side-car exports surged to $74K in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 235%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Motorcycle, Scooter and Side-Car in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | N/A | N/A | N/A | 71.7 | 0% |
Colombia | N/A | N/A | N/A | 2.2 | 0% |
United States | N/A | N/A | 28.8 | N/A | 0% |
Sudan | 6.4 | 11.7 | 21.5 | N/A | 83.3% |
Others | 6.0 | 4.6 | 4.7 | N/A | -11.5% |
Total | 12.5 | 16.4 | 54.9 | 73.9 | 80.8% |
Top Export Markets for Motorcycle, Scooter and Side-Car from Ecuador in 2022:
- Peru (70.0 units)
- Colombia (2.0 units)
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Ecuador. 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.
- Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
Country coverage:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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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