Israel 2022. Motorcycles Market Hits The New All-Time Record

6526

Israel Motorcycles Market keeps growing. In 2022 two-wheelers sales hit the new all-time record, the second in a string, first time over the 20K, with 20.270 units (+4.6%).

Motorcycles Market Trend in 2022

Israel represents the largest motorcycles industry in the Levant region and in recent years reported a steady positive path near doubling annual volumes during the last decade.

In 2022 two-wheelers sales hit the new all-time record, the second in a string, first time over the 20K, with 20.270 units (+4.6%).

The market is dominated by three brands, SYM, Yamaha and Kymco which hold together 57% of market share. 

The market leader, since a decade – a part the 2015 – is the Taiwanese SYM and in 2022 the Korean manufacturer confirmed the leadership increasing sales more than the industry in average (+14.5%).

However, Honda did better, gaining 29.2% and jumping in second place overtaking Yamaha (-11.1%) and Kymco, (-21.4%).

 

SYM Mio 50