Brazilian Motorcycle industry in 2023
Brazilian Motorcycle Industry in 2023 – Motorcycle manufacturers installed in PIM (Manaus Industrial Pole) produced 1,573,221 units in 2023. According to a survey by the Brazilian Association of Manufacturers of Motorcycles, Mopeds, Mopeds, Bicycles, and Similar – Abraciclo, the volume is 11.3% higher than that recorded in 2022.
This performance exceeded the association’s expectation of reaching 1,560,000 units produced, being the best annual result achieved since 2013.
“All manufacturers maintained their production pace, despite the difficulties that arose throughout the year. This proves the sector’s effort in seeking solid and sustainable growth”, explains Marcos Bento, president of Abraciclo.
In December, 117,929 motorcycles were produced, an increase of 38.5% compared to the same month in 2022. Concerning November, there was a drop of 10.7%.
Retail sales
In 2023, 1,582,032 motorcycles were registered, an increase of 16.2% compared to the previous year.
Street was the most licensed category, followed by Trail and Motorbike. See the annual ranking of license plates by category:
Medium-displacement motorcycles achieved the highest percentage growth. Last year, 234,529 motorcycles were licensed, a volume 21.3% higher than that recorded in 2022.
In absolute numbers, low-displacement models led the registration ranking, with 1,297,780 units and 82% of the market.
In December, licensing totaled 132,797 units. The volume is 0.4% higher than that recorded in the same month last year and 1.7% higher than the units registered in November.
Exports
In 2023, Abraciclo members exported 32,931 motorcycles, a decrease of 40.5% compared to the previous year.
In December, exports totaled 1,069 units, which represented a reduction of 72.8% compared to the same month in 2022 and 25.6% compared to November.
2024 projections
For 2024, Abraciclo estimates the production of 1,690,000 motorcycles, which corresponds to a growth of 7.4% compared to that recorded in 2023.
“The projection is based on Brazil’s macroeconomic scenarios, considering factors such as expectations for growth in the Gross Domestic Product (GDP), inflation, changes in interest rates, consumer confidence, etc. Our goal is to continue growing in a sustainable way and return to the production level of two million units in the coming years”, says Bento.
In retail, the prospect is that 1,700,000 motorcycles will be registered, a volume 7.5% higher than in 2023. Exports are expected to reach 35,000 units, an increase of 6.3% over the volume registered last year.
Access the presentation with the complete numbers of the Motorcycle Segment:
About ABRACICLO and the Two-Wheel Sector
With 47 years of history and 14 members, the Brazilian Association of Manufacturers of Motorcycles, Mopeds, Mopeds, Bicycles and Similar – ABRACICLO represents the manufacturers of two-wheeled vehicles in the country, with its main mission being the coordination, development and defense of competitiveness of the sector through actions based on three pillars: Industrial Policy, Road Safety and Technical.
National motorcycle manufacturing, almost entirely concentrated in the Manaus Industrial Pole (PIM), is among the seven largest in the world. In the bicycle segment, with the main factories also installed in PIM, Brazil is in fourth position among the main world producers. In total, manufacturers in the Two-Wheel Sector generate around 16,800 direct jobs in Manaus/AM.
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