Thailand Motorcycles Market in the 2019 will decline moderately. Indeed in the first eleven months of the year sales have been 1.605.560, down 2.8%, with November figures at 135.532 (-6.9%). In the next months the market could be dramatically changed for the premium brands, with Harley-Davidson, Ducati and KTM heavily penalized by the introduction of a new tax structure.
Philippines Motorcycles Market in the first ten months of the 2019 was yet positive, despite a slow start of the year and the sales figures improved 9.8%, projecting the year over the 1.7 million units, new record, despite the effect of the recent introduction of new emission standards. While Honda is market leader, KTM and BMW are fast growing.
Indonesian Motorcycles in the 2019 is again in the positive track started last year, despite in October and November sales declines, with full year projected near the 6.5 million units. The Government just drew up two targets for the 2025, the 10 million units produced and the 1 million units exported. Just a dream?
Vietnam Motorcycles Market has lost in October 4.6% again confirming the moderately negative 2019 trend. While on top of the list Honda is stable all others top player have lost, with Yamaha down an impressive 24.7%. The new electric vehicles local producer, VinFast, was very well welcomed by the market.
ASEAN Motorcycles Industry in the first half 2019 reported a moderate lost breaking the recent years growth. While Singapore and Malaysia are growing at impressive speed, Philippines and Indonesia are positive, but both Thailand and Vietnam are losing terrain. Data on Cambodia, Laos, Myanmar and Brunei are only partially available.
Malaysia Motorcycles Industry kept fast growing and in the first half 2019 has been one of the most dynamic worldwide with sales accelerated by 20%. While several brands are on sales, over 65% of the market is concentrated in the hands of Yamaha and Honda. Malaysia ranks as 13th largest market in the World Ranking.