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

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

The Romanian market for motorcycles and cycles with an auxiliary motor skyrocketed to $X in 2023, growing by X% against the previous year. Overall, consumption, however, continues to indicate a pronounced shrinkage. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Motorcycles and Cycles With an Auxiliary Motor in Romania

In value terms, production of motorcycles and cycles with an auxiliary motor soared to $X in 2023 estimated in export price. Over the period under review, production, however, showed a perceptible decrease. Over the period under review, production of attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Romania

In 2023, shipments abroad of motorcycles and cycles with an auxiliary motor increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports enjoyed strong growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor surged to $X in 2023. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to continue growth in years to come.

Exports by Country

The Netherlands (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Romania, accounting for a X% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to the Netherlands exceeded the volume sent to the second major destination, Moldova (X units), fivefold. The third position in this ranking was held by Croatia (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Croatia (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for motorcycles and cycles with an auxiliary motor exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Moldova ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Croatia (X% per year).

Export Prices by Country

In 2023, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, picking up by X% against the previous year. In general, the export price saw a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Romania

In 2023, imports of motorcycles and cycles with an auxiliary motor into Romania dropped significantly to X units, with a decrease of X% compared with 2022. Over the period under review, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor shrank notably to $X in 2023. Overall, imports, however, posted a buoyant increase. 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 reached the maximum at $X in 2022, and then contracted sharply in the following year.

Imports by Country

In 2023, China (X units) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Romania, with 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, Turkey (X units), twofold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Germany (X% per year).

In value terms, the largest motorcycles and cycles with an auxiliary motor suppliers to Romania were China ($X), Italy ($X) and Austria ($X), with a combined X% share of total imports. Turkey, Greece, Germany, the Netherlands, Belgium and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The growth pace was the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2023, 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 Austria ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform