According to the China Association of Automobile Manufacturers (CAAM), the gasoline motorcycle market in China demonstrated stability domestically and a significant recovery in exports in June, maintaining a growth trend for five consecutive months. Electric motorcycle sales showed some signs of rebounding, though the year-on-year decrease remained large. From January to June, under the positive influence of both domestic and international markets, the production and sales of gasoline motorcycles have essentially returned to the same levels as the previous year, signifying a recovery trend in the Chinese motorcycle industry.

Production and Sales Status

In June, according to CAAM, the industry completed production and sales of 1.3222 million and 1.3081 million units of gasoline motorcycles respectively, showing a month-on-month increase of 3.22% and 1.48%, and a year-on-year growth of 4.56% and 3.31%. Electric motorcycle production and sales reached 339,000 and 319,500 units respectively, with the production volume decreasing by 13.91% month-on-month, and sales increasing by 0.28% month-on-month, yet witnessing a year-on-year decrease of 54.83% and 59.16%.

A total of 1.6612 million and 1.6276 million motorcycles were produced and sold in June respectively, with a month-on-month decrease in production of 0.81%, but a year-on-year increase in sales of 1.24%, and a year-on-year decrease of 17.56% and 20.55% respectively. Among these, two-wheelers accounted for production and sales of 1.4846 million and 1.4466 million units respectively, with a month-on-month increase in both production and sales of 0.26% and 1.99%, and a year-on-year decrease of 18.34% and 21.67%. Large-displacement leisure motorcycles (with displacement above 250cc, excluding 250cc) produced and sold 45,800 and 44,400 units respectively, with a month-on-month decrease of 8.95% and 9.2%, and a year-on-year decrease of 27.87% and 30.52%.

From January to June, according to CAAM, the industry completed production and sales of 6.944 million and 6.9967 million units of gasoline motorcycles respectively, with a year-on-year increase in production of 0.41%, and a year-on-year decrease in sales of 0.15%. Electric motorcycle production and sales reached 3.01 million and 2.65 million units respectively, with a year-on-year decrease of 17.9% and 29.26%. From January to June, a total of 9.9541 million and 9.6467 million motorcycles were produced and sold respectively, witnessing a year-on-year decrease of 5.93% and 10.29%. Of these, two-wheelers accounted for production and sales of 8.8098 million and 8.4944 million units respectively, marking a year-on-year decrease of 6.94% and 11.75%. Large-displacement leisure motorcycles (displacement above 250cc, excluding 250cc) produced and sold 247,000 and 256,500 units respectively, reflecting a year-on-year increase of 2.19% and 1.66%. Three-wheelers saw production and sales of 1.1443 million and 1.1522 million units respectively, with a year-on-year increase of 2.65% and 2.17%.

From January to June, the top ten companies (or groups) in terms of gasoline motorcycle sales were Dachangjiang, Loncin, Zongshen, Sundiro-Honda, Wuyang-Honda, Dayang, Tayo, Yinxiang, Dayun, and Qingqi Suzuki, selling 930,300, 503,000, 404,300, 378,400, 315,600, 312,200, 278,300, 263,600, 240,700, and 214,400 units respectively.

From January to June, the top ten companies (or groups) in terms of electric motorcycle sales were Yadea, Luyuan, Tailg, Sunra, Zongshen, Huaihai, Bus New Energy, Jinyi, Lovol, and Loncin, selling 1.3243 million, 332,800, 287,900, 205,700, 183,100, 90,500, 50,500, 43,800, 29,400, and 25,100 units respectively.

Export Status

In June, according to CAAM, the trend of recovery continued for motorcycle exports, with an increase for five consecutive months month-on-month and a significant increase year-on-year. From January to June, the cumulative decline in exports was further narrowed. The growth driven by products with 50ml and 150ml displacement was particularly noticeable, further extending the momentum of stability and improvement in motorcycle foreign trade exports.

In June, motorcycle exports reached 803,700 units, an increase of 6.41% month-on-month and 14.43% year-on-year. The export value amounted to $539 million, an increase of 2.5% month-on-month and 11.87% year-on-year. Of these, two-wheeler exports were 770,400 units, an increase of 6.52% month-on-month and 16.1% year-on-year. Three-wheeler exports were 33,300 units, an increase of 3.97% month-on-month and a decrease of 14.24% year-on-year.

From January to June, the total export value of products from motorcycle manufacturers was $3.392 billion, a year-on-year decrease of 3.77%, significantly narrowing the decrease. The total volume of complete vehicle exports was 3.8941 million units, a year-on-year decrease of 1.57%, and the export value was $2.684 billion, a year-on-year decrease of 2.94%. Motorcycle engine exports were 525,100 units, a year-on-year increase of 9.32%, and the export value was $116 million, a year-on-year increase of 4.14%. The export volume of beach cars was 168,500 units, a year-on-year decrease of 17.3%, and the export value was $427 million, a year-on-year decrease of 10.83%. The export value of motorcycle parts was $165 million, a year-on-year decrease of 2.66%.

From January to June, the top six series in terms of export volume were the 125cc, 150cc, 110cc, 200cc, 50cc, and 250cc models, exporting 1.2193 million, 1.0557 million, 515,400, 319,200, 254,200, and 147,200 units respectively. In comparison to the same period last year, the 125cc series saw a year-on-year decrease of 14.15%, the 150cc series experienced a growth of 11.06%, the 110cc series saw a drop of 5.33%, the 200cc series grew by 3.83%, the 50cc series surged by 45.77%, and the 250cc series increased by 22.1%. From January to June, the aforementioned six major series combined exported 3.4878 million units, accounting for 95.09% of the total two-wheeler motorcycle exports. Three-wheeler motorcycle exports reached 202,900 units, reflecting a year-on-year decrease of 16.16%.

From January to June, the top ten enterprises in terms of motorcycle export volume were Loncin, Dachangjiang, Tayo, Zongshen, Sundiro-Honda, Yinxiang, Haojin, Sanyang, Dayun, and Aertobs, in that order. These ten enterprises collectively exported 2.2218 million units, accounting for 57.4% of the total motorcycle export volume.

Source: CCCM