The status of China’s motorcycle industry in 2021
Time : Sep 05, 2022 View : 1,374
1.Production and sales
According to data, in 2021, China’s motorcycle output reached 20.1952 million, an increase of 12.98% year-on-year; The sales volume reached 20.1948 million, with a year-on-year increase of 12.7%.
2.Market structure
China’s motorcycle market is dominated by two wheeled motorcycles and fuel motorcycles. Specifically, in 2021, the sales volume of motorcycles in China was 20.1948 million, of which the sales volume of two wheeled motorcycles was 17.8547 million, accounting for 88.41% of the total sales volume; The sales volume of tricycles was 2.3401 million, accounting for 11.59% of the total sales volume.
3.Export situation
At present, China’s motorcycles are almost mainly exported. According to data, in 2021, China’s motorcycle export volume was 35.058 million, an increase of 23.7% year-on-year; The export value was 12.322 billion US dollars, up 43.3% year-on-year.
4.Export distribution
From the perspective of the distribution of motorcycle export regions, the top three countries in 2021 China’s motorcycle export volume are Mexico, Togo and the Philippines, accounting for 11.91%, 6.75% and 6.25% respectively.
For more information about the motorcycle industry, welcome to MTOSIR and learn with us!