Colombia - 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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View PricingColombia: Market for Motorcycles and Cycles With an Auxiliary Motor 2024
Market Size for Motorcycles and Cycles With an Auxiliary Motor in Colombia
In 2023, after three years of growth, there was decline in the Colombian market for motorcycles and cycles with an auxiliary motor, when its value decreased by X% to $X. Overall, consumption, however, showed a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.
Production of Motorcycles and Cycles With an Auxiliary Motor in Colombia
In value terms, production of motorcycles and cycles with an auxiliary motor shrank modestly to $X in 2023 estimated in export price. In general, production, however, showed a slight reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Exports of Motorcycles and Cycles With an Auxiliary Motor
Exports from Colombia
In 2023, exports of motorcycles and cycles with an auxiliary motor from Colombia shrank markedly to X units, with a decrease of X% on the previous year's figure. Overall, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. The exports peaked at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, exports of motorcycles and cycles with an auxiliary motor reduced sharply to $X in 2023. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Aruba (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Colombia, with a approx. X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to Aruba amounted to X%.
In value terms, Aruba ($X) also remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Colombia.
From 2012 to 2023, the average annual rate of growth in terms of value to Aruba amounted to X%.
Export Prices by Country
In 2023, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, surging by X% against the previous year. Overall, the export price posted a notable increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2023, the rate of growth in terms of prices for Panama amounted to X% per year.
Imports of Motorcycles and Cycles With an Auxiliary Motor
Imports into Colombia
In 2023, the amount of motorcycles and cycles with an auxiliary motor imported into Colombia expanded significantly to X units, surging by X% compared with 2022. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X units in 2021; however, from 2022 to 2023, imports failed to regain momentum.
In value terms, imports of motorcycles and cycles with an auxiliary motor amounted to $X in 2023. Over the period under review, imports posted a moderate expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, China (X units) was the main supplier of motorcycles and cycles with an auxiliary motor to Colombia, accounting for a X% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume from China stood at X%.
In value terms, China ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Colombia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%.
Import Prices by Country
The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2023, waning by X% against the previous year. Overall, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China amounted to $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%).
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This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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