Brazilian Motorcycle industry growth
Brazilian Motorcycle industry growth – The manufacturers installed in PIM (Polo Industrial de Manaus) produced 1,413,222 motorcycles last year. A survey by the Brazilian Association of Motorcycle, Moped, Scooter, Bicycle and Similar Manufacturers – Abraciclo reveals that the volume was 18.2% higher than that recorded in 2021 (1,195,149 motorcycles) and represents the best result for the segment since 2014 (1,517 .662 units).
In the assessment of the president of Abraciclo, Marcos Fermanian, these numbers prove the resumption of growth in the segment after facing a challenging first two months due to the covid-19 pandemic that once again hit the city of Manaus. “After that, the pace of production grew month after month to serve the consumer who started to use the motorcycle as a work tool, avoid crowding on public transport or have greater agility and mobility in urban centers”, he explains.
The final volume was very close to the revised projection, which was 1,420,000 units and growth of 18.8%.
Retail sales
Last year, 1,361,941 motorcycles were registered, up 17.7% compared to 2021 (1,156,776 units), being the best result in eight years (1,429,692 motorcycles). Abraciclo’s expectation was to close the year with 1,350,000 licensed motorcycles.
Street was the most licensed category, with 686,807 units and 50.4% market share. “The factories prioritized the production of this model to meet the high demand, mainly influenced by the large professional use. Other categories also recorded a significant increase in licensing, such as Custom, Motorcycle, Scooter and Trail”, says Fermanian.
See how the annual ranking of registrations by category was:
The North region had the highest percentage growth in the volume of licensing in 2022. Last year, 173,763 motorcycles were licensed, up 35% compared to 2021 (128,680 units).
In absolute numbers, the Southeast region led the retail sales ranking. From January to December, 521,157 motorcycles were licensed, which corresponds to a 38.3% market share. In second place was the Northeast (405,233 units and 29.8% of the market). Then came the North (173,763 licensed motorcycles and 12.8% of the market), the South (131,558 units and 9.7%) and the Midwest (130,230 motorcycles and 9.6%).
Exports
Exports totaled 55,338 units in 2022, which corresponds to an increase of 3.5% compared to the previous year (53,476 motorcycles). The revised projection was to ship 59,000 units abroad.
According to a survey by the foreign trade statistics portal Comex Stat, which records total shipments each month, analyzed by Abraciclo, Colombia was the main destination, with 15,686 units and 27.6% of the exported volume. In second place was Argentina (13,538 motorcycles and 23.8% of exports), followed by the United States (12,211 units and 21.5%).
Results in December
In the last month of 2021, 85,117 motorcycles were manufactured, a volume 11.5% higher than that registered in December 2020 (76,359 units) and 34.1% lower compared to November (129,216 motorcycles). “The retraction was expected due to the collective vacations that were already scheduled”, explains the president of Abraciclo. “During this period, the factories take the opportunity to carry out maintenance services and install new equipment in the production centers”, he emphasizes.
With 132,204 units licensed, the market reached the second best result of the year and was only behind May (133,344 units). The result is 17.7% higher compared to December 2021 (112,363 motorcycles) and 7.3% higher than the 123,214 units registered in November. According to a survey by Abraciclo, this was the best performance for the month since 2013, when registrations totaled 140,583 motorcycles.
