China’s motorcycle exports declined slightly from January to March 2019

China's motorcycle exports declined slightly from January to March 2019

In March 2019, automobile production and sales increased rapidly, a slight decrease year-on-year. From January to March, automobile production and sales still showed a certain decline, and the decline was narrower than that in January and February. Among them, passenger car production and sales decreased year-on-year, and the decline narrowed; commercial vehicle production and sales reached a record high.

Motorcycle production and sales are slightly lower than the same period last year

In March, motorcycle production and sales were higher than last month, slightly lower than the same period of the previous year, and the overall performance was better than the previous two months. The production and sales of 1.427 million units and 1.428 million units were completed in the month, an increase of 73.5% and 71.7% from the previous month, down 0.3% and 0.9% from the same period of the previous year. Among them, the production and sales of two-wheelers reached 1.253 million and 1.257 million, down 0.8% and 1% over the same period of the previous year; the production and sales of tricycles was 174,000 and 171,000, an increase of 3.8% and 0.4% over the same period of the previous year.

From January to March, the cumulative production and sales of the whole industry was 3.498 million and 3.533 million, down 9.1% and 9% from the same period of the previous year. The decline was 5.2 and 4.8 percentage points lower than that in January and February.

Motorcycle exports fell slightly year-on-year

In March, motorcycle exports increased month-on-month, a slight decrease year-on-year. In the same month, 623,000 motorcycles were exported, an increase of 57.8% from the previous month and a decrease of 2% from the same period of the previous year. Among them, the export of two-wheeled vehicles was 595,000, down 1.1% from the same period of the previous year; the export of tricycles was 27,000, down 17.7% from the same period of the previous year.

From January to March, the cumulative export of motorcycles was 1.67 million, down 9.7% from the same period of the previous year, and the decline was 4.1 percentage points lower than that in January and February.

Among them, the series of the top five exporters in the period from January to March 2019 are 125 series, 150 series, 110 series, 250 series and 50 series. Compared with the same period of last year, the export volume of the 250 series increased slightly, and other varieties declined to varying degrees. From January to March, the above five series of varieties exported a total of 1.512 million, accounting for 90.57% of the total motorcycle exports.

In terms of export value, the top five varieties of export value in January-March 2019 are 125 series, 150 series, 110 series, 250 series and 50 series. Compared with the same period of last year, the export value of the 50 series increased slightly, and other varieties showed a decline. From January to March, the above five series of products exported a total of 842 million US dollars, accounting for 87.06% of the total motorcycle exports.

Leave a comment

Your email address will not be published. Required fields are marked *