Iceland: Motorcycle And Scooter Market 2020

Motorcycle And Scooter Market Size in Iceland

The revenue of the motorcycle and scooter market in Iceland amounted to $X in 2018, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, motorcycle and scooter consumption continues to indicate a deep decline. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. In that year, the motorcycle and scooter market attained its peak level of $X. From 2013 to 2018, the growth of the motorcycle and scooter market failed to regain its momentum.

Motorcycle And Scooter Exports

Exports from Iceland

Motorcycle and scooter exports from Iceland totaled X units in 2018, picking up by X% against the previous year. In general, motorcycle and scooter exports continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Iceland exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, motorcycle and scooter exports totaled $X in 2018. Overall, motorcycle and scooter exports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Iceland exports peaked at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X units) represented the main exporter of motorcycles and scooters, mixing up X% of total exports. It was distantly followed by India (X units), Thailand (X units) and Indonesia (X units), together committing a X% share of total exports. Austria (X units), Japan (X units) and Vietnam (X units) occupied a minor share of total exports.

China experienced a relatively flat trend pattern of motorcycles and scooters exports. At the same time, Indonesia (+X%), Vietnam (+X%), India (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%) and Thailand (-X%) illustrated a downward trend over the same period. India (+X p.p.), Indonesia (+X p.p.), Austria (+X p.p.) and Vietnam (+X p.p.) significantly strengthened its position in terms of the global exports, while Japan and Thailand saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest motorcycle and scooter markets from Iceland were China ($X), Japan ($X) and India ($X), with a combined X% share of total exports. Thailand, Austria, Indonesia, Vietnam and Iceland lagged somewhat behind, together accounting for a further X experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the motorcycle and scooter export price in Iceland amounted to $X per unit, waning by -X% against the previous year. Overall, the motorcycle and scooter export price continues to indicate a dramatic downturn. The pace of growth was the most pronounced in 2013 when the export price increased by X% y-o-y. Over the period under review, the export prices for motorcycles and scooters reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Motorcycle And Scooter Imports

Imports into Iceland

In 2018, the amount of motorcycles and scooters imported into Iceland stood at X units, coming down by -X% against the previous year. In general, motorcycle and scooter imports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. In that year, motorcycle and scooter imports reached their peak of X units. From 2013 to 2018, the growth of motorcycle and scooter imports failed to regain its momentum.

In value terms, motorcycle and scooter imports amounted to $X in 2018. In general, motorcycle and scooter imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, motorcycle and scooter imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units) and the Philippines (X units) were the major importers of motorcycles and scootersaround the world, together making up X% of total imports. Germany (X units) ranks next in terms of the total imports with a X% share, followed by Argentina (X%). The following importers - Myanmar (X units), Italy (X units), the Netherlands (X units), France (X units), Sri Lanka (X units), Bangladesh (X units), Thailand (X units) and Mexico (X units) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Thailand, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), France ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by Germany, Italy, the Netherlands, Argentina, Myanmar, Mexico, Thailand, Bangladesh, Sri Lanka and Iceland, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the motorcycle and scooter import price in Iceland amounted to $X per unit, reducing by -X% against the previous year. Overall, the motorcycle and scooter import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Iceland import price peaked at $X per unit in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform