World Motorcycles market has lost over 5% in the first quarter 2019, mainly due to the simultaneous fall of the two largest markets, India and China. The best region was the European, boomed a dramatic 23%, while ASEAN grew as well, thanks to Indonesia +15%. Latin America is losing despite the positive trend of the Brazilian market.
Global 2-Wheeler Market in the 2019
The start of the 2019 was almost negative for the global motorcycles industry, with first quarter sales declined 5.4% at 14.1 million units.
Sales are struggling in all regions, a part Europe and the ASEAN.
Almost all markets in this region (not including ASEAN) are declining this year with total sales declined at 8.8 million (-9.9%), hit by the simultaneous fall of the World’s largest markets: India and China. However the others market are losing as well, including the fastest growing market in recent years, Pakistan, Taiwan, which is losing sharply for the second year in a row, South Korea and Japan.
The impressive +15% reported for the biggest regional market, Brazil, is not enough to report a positive Q1 for the region, dragged down by heavy lost in Argentina and Ecuador , while even the Mexican market, always moderately growth in recent years, in declining. Increasing 15.9%, Colombia is now projected to become the third market in the region.
THe US Market continue to lose terrain, while in marginal percentage, as in all recent years. The Canadian market has broken the growing pathway taken in more recent years, losing 5.2% in this quarter, with regional sales down 3.0%.
The start of the year was fast over any expectations and the European Community zone (28 markets) ended the first quarter with a dramatic +23.6%, with all markets growing a part Greece (-2.2%). The fastest growing country was the Poland (+87.3%) followed by Romania (+86.9%), Hungary (+72%), Lithuania (+71%), Slovakia (+54%).
Global 2-Wheeler Market in the 2018
The Global Two-Wheeler market ended the 2018 with the third highest sales level ever at 62.0 million units, up 1.8% from the previous year. The all time record is 67.4 million and was established in the 2014.
The market was driven by the acceleration in place in the largest country, India, which reported sales at 21.5 million (+8.5%) having more than doubled in the last decade.
The second market, China, is falling down and in the 2018 has lost 9.3% at 15.5 million sales and the 2019 outlook is negative again.
The third is Indonesia, actually at 6.38 million (+8.4%), in recovery while fr from the record of 7.8 million, set few years ago. In fourth place Vietnam with 3.39 million sales (+3.5%) at the new record level.
In fifth place landed Pakistan the fastest growing market, actually at 1.9 million units (+6.6%), a tremendous record for a country which overtook the 1 million annual units just in the 2015. Last year Pakistan overtook Thailand , actually 6th with 1.78 million sales (-1.2%).
In seventh place the growing Philippines, up 35% at 1.59 million units in the 2018.
In fast recovery after a deep crisis and ranking in 8th place there is Brazil, the largest country in South America, with 957.000 sales (+17.6%) overtaking Taiwan, which has lost sharply ending the year ar 762.000 units.
Proceeding fast on our track to find and aggregate registration figures for all the countries in the World, we have actually achieved a first objective being able to cover 80 markets with figures from 2012 (or before) onwards. Actually our global database includes 100% of European countries, 98% of American 90% of Asean and many markets from Asia, Africa and Pacific.