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Chinese motorcycle accessories Analysis of Foreign Trade Export Market

Chinese motorcycle accessories

1 Main export markets and regional distribution

The export market for Chinese motorcycle parts is spread all over the world, with emerging markets such as Asia, Latin America, and Africa occupying the main share. According to statistics from the China Motorcycle Chamber of Commerce, the main export countries for motorcycle parts in China include India, Nigeria, Vietnam, Indonesia, Malaysia, the United States, Egypt, the Philippines, Brazil, and Thailand. The high usage rate of motorcycles in these countries and regions results in a corresponding high demand for accessories.

In terms of regional distribution, the Asia Pacific region has become the largest export market due to its high motorcycle penetration rate, with Southeast Asian countries such as Indonesia, Thailand, and Vietnam performing particularly well. With the development of the economy, countries such as Brazil and Mexico in Latin America have seen an increase in the use of motorcycles, and the demand for accessories continues to grow. With the advancement of infrastructure construction in Africa, motorcycles have become an important means of transportation, and the demand for accessories is equally huge.

2.2 Analysis of Export Product Structure and Demand

The export product structure of Chinese motorcycle accessories is rich, covering a comprehensive range of products from basic components to high-end system integration. The main export products include wheels, shock absorbers, engines, etc., with wheels having the largest export volume. According to data from the General Administration of Customs, as of October 2023, the export value of automotive spare parts reached approximately 510 billion yuan, an increase of 15.9% compared to the same period last year, indicating that the overseas automotive and motorcycle parts market is in a period of rapid growth.

In terms of demand analysis, the global motorcycle parts market demand is influenced by various factors such as the size of the motorcycle market, consumer purchasing power, policy changes, and technological progress. With the continuous expansion of the motorcycle market and the increasing diversification of consumer demand, the motorcycle parts industry is also constantly evolving and segmented. Consumers' increasing demands for the quality, appearance, functionality, and intelligence of motorcycle accessories have driven technological innovation and product upgrades in the industry.

2.3 Export scale and growth trend

The export scale of Chinese motorcycle parts has maintained a growth trend in the past few years. In 2022, China's automobile spare parts exports amounted to 81.1 billion US dollars, a year-on-year increase of 7.4% from 75.6 billion US dollars in 2021. Although the export value of spare parts for Chinese motorcycles and bicycles in 2023 decreased by $2029.365 million compared to the same period in 2022, a year-on-year decrease of 13%, the overall export scale is still large.

In terms of growth trend, the cumulative year-on-year growth of China's motorcycle export sales from January to July 2024 was 28.8%, indicating the high prosperity of the Chinese motorcycle parts export market. Especially for medium and large-sized motorcycles (250cc and above), the export growth rate has reached 66%, and the export proportion has increased by 4.8 percentage points compared to 2023, reaching 42.5%, with an average export price of 2415 US dollars. This growth trend indicates that China's motorcycle parts industry is transforming from manufacturing to brand overseas, and the export product structure is upgrading towards high price and high quality. The export scale and unit price are both showing an upward trend.

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Chinese motorcycle parts export Competitive Landscape and Enterprise Analysis
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