According to statistics, in July, 2023 China’s motorcycle production and sales increased month-on-month, decreased year-on-year, and exports continued to maintain a recovery trend, at a high level in the same period in history.
From January to July, fuel motorcycle exports continued to improve, China sales slowed down in the second half of the year, driven by exports, fuel motorcycles as a whole maintained stable operation. This article will gather information on the production and sale of motorcycles, the status of motorcycle exports, and the economic benefits of motorcycle manufacturers.
Table of Contents
Motorcycle production and marketing situation
In July, 2023, according to statistics, the industry completed the production and sales of 1.285,400 and 1.265,100 fuel motorcycles, down 2.9% and 3.41% month-on-month, down 1.96% and 2.57% year-on-year; Electric motorcycle production and sales of 396,300 and 371,800, the output increased by 16.88% and 16.38%, down 52.44% and 51.4% year-on-year.
In July, a total of 1,681,600 and 1,636,900 motorcycles were produced and sold, with month-on-month increases of 1.14% and 0.47%, and year-on-year declines of 21.57% and 20.67%. Large displacement recreational motorcycles (displacement above 250cc, excluding 250cc) production and sales of 54,100 and 53,200, an increase of 18.12% and 19.82%, down 26% and 22.56% year-on-year.
From January to July, the industry completed the production and sales of 8,230,900 and 8,263,400 fuel motorcycles, with a year-on-year increase of 0.05% and a year-on-year decrease of 0.51%; The production and sales of electric motorcycles were 3.4063 million and 3.021,800, down 24.3% and 33.02% year-on-year. From January to July, a total of 11,637,300 and 11,285,200 motorcycles were produced and sold, down 8.56% and 11.95% year-on-year.
Among them, the production and sales of second-round motorcycles were 10.2996 million and 9.9415 million, down 9.81% and 13.5% year-on-year; The production and sales of large-displacement recreational motorcycles (displacement above 250cc, excluding 250cc) were 301,800 and 310,500, down 4.16% and 3.3% year-on-year. The production and sales of three-wheeled motorcycles were 1,337,700 and 1,343,600, with year-on-year increases of 2.38% and 1.49%.
From January to July, the production and sales of straddling bicycles were 4,360,900 and 4,397,200, down 4.44% and 5.26% year-on-year; Scooter production and sales of 5,003,700 and 4,605,800, down 14.97% and 22.43% year-on-year; The production and sales of cub motorcycles were 935,000 and 938,600, up 2.7% and 3.38% year-on-year. From the proportion of sales of each model in the total sales of two-wheeled vehicles, the proportion of straddle, pedal and curved beam models is 44.23%, 46.33% and 9.44%, respectively.
From January to July, the production and sales of 50 series were 424,700 and 442,700, with year-on-year increases of 27.74% and 23.35%; The 110 series produced and sold 873,400 units and 869,700 units, down 4.5% and 6.92% year-on-year; The production and sales of 125 series were 2.8201 million and 2.8084 million, down 5.29% and 6.72% year-on-year; The production and sales of 150 series were 2.042 million and 2.0468 million, up 16.72% and 16.02% year-on-year;
200 series production and sales of 489,600 units and 487,100 units, the output increased by 0.48%, sales decreased by 3.51%; 250 series production and sales of 27.88 and 283,700 units, production and sales decreased by 5.29% and 4.55%. The production and sales of large displacement motorcycles above 250cc (excluding 250cc) were 301,800 and 310,500, down 4.13% and 3.27% year-on-year.
From January to July, the production and sales of three-wheeled motorcycles were 1,335,400 and 1,341,400, an increase of 2.28% and 1.39% year-on-year. Among them, the production and sales of general freight tricycles were 1.162,100 and 1.167 million, with year-on-year increases of 1.86% and 0.92%; The production and sales of ordinary passenger tricycles were 172,500 and 173,700, with year-on-year growth of 1.86% and 4.98%.
From January to July, the top 10 companies of fuel motorcycle sales are Da Changjiang, Longxin, Zongshen, Sundiro Honda, Luoyang North, Wuyang-Honda, Guangdong Daye, Chongqing Yinxiang, Guangzhou Dayun, Qingqi Suzuki, Sales were 1,088,200 units, 643,000 units, 481,500 units, 451,000 units, 370,400 units, 361,000 units, 328,000 units, 306,700 units, 284,700 units and 266,100 units.
From January to July, the top 10 companies of electric motorcycle sales were Yadea Technology Group, Zhejiang Luyuan, Dongguan Tailg Automobile Industry, Jiangsu Xinri, Zongshen Group, Jiangsu Huaihai, Shandong Bus New Energy, Jinyi Automobile Industry, Revoo Heavy Industry, Chongqing Longxin, Sales were 1,442,100, 395,500, 344,900, 243,600, 216,300, 105,300, 64,100, 56,700, 35,500 and 28,100, respectively.
China motorcycle export situation
In July, according to statistics, China’s motorcycle exports declined month-on-month and maintained year-on-year growth. From the point of view of the export volume in July, it is at a high level in the same period in history. The cumulative decline in exports from January to July continued to narrow, the number of exports close to the same period last year, China’s motorcycle exports stable trend is obvious, is expected to return to positive growth in August.
In July, the export of motorcycles was 761,300, down 5.25% from the previous month, an increase of 4.26%. The export value was 507 million US dollars, down 5.96% month-on-month and up 1.97% year-on-year. Among them, the export of two-wheel motorcycles was 731,700, down 5.01% from the previous quarter, an increase of 5.79%; The export of three-wheeled motorcycles was 29,700 units, down 10.86% from the previous quarter and 23.16% from the same period last year.
From January to July, the total export volume of motorcycle production enterprises was 4.012 billion US dollars, down 3.82% year-on-year, and the decline continued to narrow. Total vehicle exports were 4.6554 million units, down 0.67% year-on-year, and the export value was 3.191 billion US dollars, down 2.19% year-on-year. Motorcycle engine exports 588,800 units, an increase of 1.35%, the export amount of 129 million US dollars, down 2.91%. Atv exports were 202,000 units, down 16.46% year-on-year, and the export value was 497 million US dollars, down 13.83% year-on-year. Exports of motorcycle parts amounted to $195 million, down 2.1% year-on-year.
From January to July, the top six series of exports were: 125 series, 150 series, 110 series, 200 series, 50 series and 250 series, with exports of 1.4364 million, 1.2813 million, 623,500, 385,000, 308,000 and 176,500, respectively. Compared to the same period last year, the 125 series decreased by 14.34%, the 150 series increased by 12.41%, the 110 series decreased by 3.62%, the 200 series increased by 2.7%, the 50 series increased by 49.77%, and the 250 series increased by 24.47%.
From January to July, the above six series of varieties were exported a total of 4.203,500, accounting for 95.04% of the total export of second wheel motorcycles. The export of three-wheeled motorcycles was 232,600 units, down 17.12% year-on-year.
From January to July, the top ten enterprises in the export volume of motorcycles are: Longxin, Big Yangtze River, Daye, Zongshen, New Continent Honda, Yinxiang, Haojin, Dayun, Lifan, Xiaxin, the above ten enterprises exported a total of 2,675,100 units, accounting for 63.64% of the total export of motorcycles.
Economic benefits of motorcycle production manufacturers
From January to June, the total industrial output value, industrial sales output value and operating income of motorcycle production enterprises have increased compared with the same period last year, and the total profit and tax have increased significantly compared with the same period last year.
From January to June, motorcycle production enterprises completed the total industrial output value of 72.04 billion RMB, an increase of 9.79%; The industrial sales value was 71.387 billion RMB, up 11.13% year-on-year; The industrial added value was 10.846 billion RMB, an increase of 9.15%.
From January to June, the production and sales rate of motorcycle manufacturers was 99.09%, an increase of 1.19 percentage points year-on-year. From January to June, the operating income of motorcycle manufacturers reached 79.181 billion RMB, an increase of 8.75% year-on-year; The total profit was 5.794 billion RMB, an increase of 44.19% year-on-year, and the total profit and tax was 7.416 billion RMB, an increase of 34.80% year-on-year.
From January to June, the operating cost of motorcycle production enterprises was 66.609 billion RMB, an increase of 7.22%. Taxes and surcharges of RMB 852 million, an increase of 34.23%; Sales expenses were RMB 2,413 million, an increase of 18.03%; Administrative expenses of RMB 2.878 billion, an increase of 3.64%; Research and development expenses were 2.321 billion RMB, an increase of 13.43%; Financial expenses – RMB 38,700, an increase of 9.97%. The total cost of the four items was 7.225 billion RMB, an increase of 12.23% year-on-year.
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The latest motorcycle industry data analysis
Motorcycle production and marketing situation
In July, 2023, according to statistics, the industry completed the production and sales of 1.285,400 and 1.265,100 fuel motorcycles, down 2.9% and 3.41% month-on-month, down 1.96% and 2.57% year-on-year; Electric motorcycle production and sales of 396,300 and 371,800, the output increased by 16.88% and 16.38%, down 52.44% and 51.4% year-on-year.
In July, a total of 1,681,600 and 1,636,900 motorcycles were produced and sold, with month-on-month increases of 1.14% and 0.47%, and year-on-year declines of 21.57% and 20.67%. Large displacement recreational motorcycles (displacement above 250cc, excluding 250cc) production and sales of 54,100 and 53,200, an increase of 18.12% and 19.82%, down 26% and 22.56% year-on-year.
From January to July, the industry completed the production and sales of 8,230,900 and 8,263,400 fuel motorcycles, with a year-on-year increase of 0.05% and a year-on-year decrease of 0.51%; The production and sales of electric motorcycles were 3.4063 million and 3.021,800, down 24.3% and 33.02% year-on-year. From January to July, a total of 11,637,300 and 11,285,200 motorcycles were produced and sold, down 8.56% and 11.95% year-on-year.
Among them, the production and sales of second-round motorcycles were 10.2996 million and 9.9415 million, down 9.81% and 13.5% year-on-year; The production and sales of large-displacement recreational motorcycles (displacement above 250cc, excluding 250cc) were 301,800 and 310,500, down 4.16% and 3.3% year-on-year. The production and sales of three-wheeled motorcycles were 1,337,700 and 1,343,600, with year-on-year increases of 2.38% and 1.49%.
From January to July, the production and sales of straddling bicycles were 4,360,900 and 4,397,200, down 4.44% and 5.26% year-on-year; Scooter production and sales of 5,003,700 and 4,605,800, down 14.97% and 22.43% year-on-year; The production and sales of cub motorcycles were 935,000 and 938,600, up 2.7% and 3.38% year-on-year. From the proportion of sales of each model in the total sales of two-wheeled vehicles, the proportion of straddle, pedal and curved beam models is 44.23%, 46.33% and 9.44%, respectively.
From January to July, the production and sales of 50 series were 424,700 and 442,700, with year-on-year increases of 27.74% and 23.35%; The 110 series produced and sold 873,400 units and 869,700 units, down 4.5% and 6.92% year-on-year; The production and sales of 125 series were 2.8201 million and 2.8084 million, down 5.29% and 6.72% year-on-year; The production and sales of 150 series were 2.042 million and 2.0468 million, up 16.72% and 16.02% year-on-year;
200 series production and sales of 489,600 units and 487,100 units, the output increased by 0.48%, sales decreased by 3.51%; 250 series production and sales of 27.88 and 283,700 units, production and sales decreased by 5.29% and 4.55%. The production and sales of large displacement motorcycles above 250cc (excluding 250cc) were 301,800 and 310,500, down 4.13% and 3.27% year-on-year.
From January to July, the production and sales of three-wheeled motorcycles were 1,335,400 and 1,341,400, an increase of 2.28% and 1.39% year-on-year. Among them, the production and sales of general freight tricycles were 1.162,100 and 1.167 million, with year-on-year increases of 1.86% and 0.92%; The production and sales of ordinary passenger tricycles were 172,500 and 173,700, with year-on-year growth of 1.86% and 4.98%.
From January to July, the top 10 companies of fuel motorcycle sales are Da Changjiang, Longxin, Zongshen, Sundiro Honda, Luoyang North, Wuyang-Honda, Guangdong Daye, Chongqing Yinxiang, Guangzhou Dayun, Qingqi Suzuki, Sales were 1,088,200 units, 643,000 units, 481,500 units, 451,000 units, 370,400 units, 361,000 units, 328,000 units, 306,700 units, 284,700 units and 266,100 units.
From January to July, the top 10 companies of electric motorcycle sales were Yadea Technology Group, Zhejiang Luyuan, Dongguan Tailg Automobile Industry, Jiangsu Xinri, Zongshen Group, Jiangsu Huaihai, Shandong Bus New Energy, Jinyi Automobile Industry, Revoo Heavy Industry, Chongqing Longxin, Sales were 1,442,100, 395,500, 344,900, 243,600, 216,300, 105,300, 64,100, 56,700, 35,500 and 28,100, respectively.
China motorcycle export situation
In July, according to statistics, China’s motorcycle exports declined month-on-month and maintained year-on-year growth. From the point of view of the export volume in July, it is at a high level in the same period in history. The cumulative decline in exports from January to July continued to narrow, the number of exports close to the same period last year, China’s motorcycle exports stable trend is obvious, is expected to return to positive growth in August.
In July, the export of motorcycles was 761,300, down 5.25% from the previous month, an increase of 4.26%. The export value was 507 million US dollars, down 5.96% month-on-month and up 1.97% year-on-year. Among them, the export of two-wheel motorcycles was 731,700, down 5.01% from the previous quarter, an increase of 5.79%; The export of three-wheeled motorcycles was 29,700 units, down 10.86% from the previous quarter and 23.16% from the same period last year.
From January to July, the total export volume of motorcycle production enterprises was 4.012 billion US dollars, down 3.82% year-on-year, and the decline continued to narrow. Total vehicle exports were 4.6554 million units, down 0.67% year-on-year, and the export value was 3.191 billion US dollars, down 2.19% year-on-year. Motorcycle engine exports 588,800 units, an increase of 1.35%, the export amount of 129 million US dollars, down 2.91%. Atv exports were 202,000 units, down 16.46% year-on-year, and the export value was 497 million US dollars, down 13.83% year-on-year. Exports of motorcycle parts amounted to $195 million, down 2.1% year-on-year.
From January to July, the top six series of exports were: 125 series, 150 series, 110 series, 200 series, 50 series and 250 series, with exports of 1.4364 million, 1.2813 million, 623,500, 385,000, 308,000 and 176,500, respectively. Compared to the same period last year, the 125 series decreased by 14.34%, the 150 series increased by 12.41%, the 110 series decreased by 3.62%, the 200 series increased by 2.7%, the 50 series increased by 49.77%, and the 250 series increased by 24.47%.
From January to July, the above six series of varieties were exported a total of 4.203,500, accounting for 95.04% of the total export of second wheel motorcycles. The export of three-wheeled motorcycles was 232,600 units, down 17.12% year-on-year.
From January to July, the top ten enterprises in the export volume of motorcycles are: Longxin, Big Yangtze River, Daye, Zongshen, New Continent Honda, Yinxiang, Haojin, Dayun, Lifan, Xiaxin, the above ten enterprises exported a total of 2,675,100 units, accounting for 63.64% of the total export of motorcycles.
Economic benefits of motorcycle production manufacturers
From January to June, the total industrial output value, industrial sales output value and operating income of motorcycle production enterprises have increased compared with the same period last year, and the total profit and tax have increased significantly compared with the same period last year.
From January to June, motorcycle production enterprises completed the total industrial output value of 72.04 billion RMB, an increase of 9.79%; The industrial sales value was 71.387 billion RMB, up 11.13% year-on-year; The industrial added value was 10.846 billion RMB, an increase of 9.15%.
From January to June, the production and sales rate of motorcycle manufacturers was 99.09%, an increase of 1.19 percentage points year-on-year. From January to June, the operating income of motorcycle manufacturers reached 79.181 billion RMB, an increase of 8.75% year-on-year; The total profit was 5.794 billion RMB, an increase of 44.19% year-on-year, and the total profit and tax was 7.416 billion RMB, an increase of 34.80% year-on-year.
From January to June, the operating cost of motorcycle production enterprises was 66.609 billion RMB, an increase of 7.22%. Taxes and surcharges of RMB 852 million, an increase of 34.23%; Sales expenses were RMB 2,413 million, an increase of 18.03%; Administrative expenses of RMB 2.878 billion, an increase of 3.64%; Research and development expenses were 2.321 billion RMB, an increase of 13.43%; Financial expenses – RMB 38,700, an increase of 9.97%. The total cost of the four items was 7.225 billion RMB, an increase of 12.23% year-on-year.