SADC: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

Market Size for Motorcycles and Cycles With an Auxiliary Motor in SADC

The SADC market for motorcycles and cycles with an auxiliary motor reached $X in 2023, surging by X% against the previous year. Overall, consumption, however, recorded a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in SADC

In value terms, production of motorcycles and cycles with an auxiliary motor reached $X in 2023 estimated in export price. Overall, production, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports in SADC

After three years of decline, overseas shipments of motorcycles and cycles with an auxiliary motor increased by X% to X units in 2023. Over the period under review, exports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor surged to $X in 2023. Overall, exports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

South Africa dominates motor structure, finishing at X units, which was approx. X% of total exports in 2023. Madagascar (X units) and Angola (X units) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to motorcycles and cycles with an auxiliary motor exports from South Africa stood at X%. At the same time, Madagascar (X%) and Angola (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of South Africa and Madagascar increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest motorcycles and cycles with an auxiliary motor supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Angola (X% per year) and Madagascar (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2023, reducing by X% against the previous year. In general, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Angola ($X per unit), while Madagascar ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced a decline in the export price figures.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports in SADC

In 2023, imports of motorcycles and cycles with an auxiliary motor in SADC expanded notably to X units, increasing by X% compared with the previous year. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor rose remarkably to $X in 2023. Over the period under review, imports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of motorcycles and cycles with an auxiliary motor, namely Mozambique, Angola and Democratic Republic of the Congo, represented more than two-thirds of total import. It was distantly followed by Madagascar (X units), generating a X% share of total imports. Mauritius (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Democratic Republic of the Congo ($X) constitutes the largest market for imported motorcycles and cycles with an auxiliary motor in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Mozambique, with a X% share.

In Democratic Republic of the Congo, imports of motorcycles and cycles with an auxiliary motor expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Mozambique (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2023, rising by X% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2022 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform