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

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

The Danish market for motorcycles and cycles with an auxiliary motor soared to $X in 2022, surging by X% against the previous year. In general, consumption, however, saw a deep reduction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Denmark

In value terms, production of motorcycles and cycles with an auxiliary motor surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Denmark

In 2022, overseas shipments of motorcycles and cycles with an auxiliary motor decreased by X% to X units, falling for the second year in a row after four years of growth. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of motorcycles and cycles with an auxiliary motor fell remarkably to $X in 2022. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X units), Greenland (X units) and Faroe Islands (X units) were the main destinations of exports of motorcycles and cycles with an auxiliary motor from Denmark, with a combined X% share of total exports. Iceland, Gambia and Guinea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motorcycles and cycles with an auxiliary motor exported from Denmark were Iceland ($X), Greenland ($X) and Norway ($X), together accounting for X% of total exports.

Among the main countries of destination, Iceland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, waning by X% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then shrank rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (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 Denmark

In 2022, the amount of motorcycles and cycles with an auxiliary motor imported into Denmark shrank sharply to X units, which is down by X% compared with the previous year. In general, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor reduced remarkably to $X in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest motorcycles and cycles with an auxiliary motor supplier to Denmark, 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, Italy (X units), ninefold. Sweden (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Sweden (X% per year).

In value terms, China ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Denmark, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with an X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Sweden (X% per year).

Import Prices by Country

The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, saw strong growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked at $X per unit in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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