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Analysis of China's motorcycle export in 2019

Publish Time:2020-01-17 00:00:00 Source:CCCME

 

According to the latest statistics, China's motorcycle exports in 2019 amounted to 4.804 billion US dollars, down 2.76% year on year, ending the growth trend of the previous year. Among them, 7.1248 million motorcycles were exported, down 2.52% year-on-year, a slight decrease compared with the previous year; the export amount was 4.064 billion US dollars, down 2.03% year-on-year, also ending the small growth trend of the previous year. In 2019, the growth rate of export of ATV slowed down compared with that of the previous year, with a total number of 113500, a year-on-year increase of 10.77%, and the growth rate slowed down by 3.89 percentage points compared with that of the previous year; the export amount was 288 million US dollars, a year-on-year increase of 11.93%, and the growth rate slowed down by 21.78 percentage points compared with that of the previous year. The export amount of motorcycle spare parts ended the rapid growth of the previous year, showing a rapid decline, with a total export of 254 million US dollars, down 19.19% year on year. The export of motorcycle engines continued the downward trend of the previous year, with a total export of 1.3961 million, down 27.45% year-on-year; the export amount was 198 million US dollars, down 10.25% year-on-year.

In 2019, the top ten motorcycle export enterprises are Loncin, Great Yangtze River, Yinxiang, Honda, Zong Shen, Guangzhou Dayun, Lifan, Guangzhou Haojin, Wuyang Honda and Bashan, respectively exporting 873000, 614800, 478300, 419900, 396800, 329900, 320100, 276300, 267200 and 253500. Compared with the previous year, the export volume of Great Yangtze River, and Honda increased rapidly, while Yinxiang and Zongshen increased slightly, while other enterprises declined to varying degrees. In 2019, the above ten enterprises exported 4229800 motorcycles, accounting for 59.37% of the total export.

The top ten manufacturers of motorcycle export amount are Longxin, Honda, Great Yangtze River, Zongshen, Yinxiang, CFMOTO, Wuyang Honda, Guangzhou Dayun, Qianjiang and Lifan, with respective export amount of 581 million US dollars, 375 million US dollars, 372 million US dollars, 273 million US dollars, 245 million US dollars, 245 million US dollars, 241 million US dollars, 216 million US dollars, 173 million US dollars and 171 million US dollars. Compared with the previous year, the export amount of Loncin and CFMOTO increased rapidly. The growth rate of Great Yangtze River and Honda was slightly lower, while that of other six enterprises declined, especially Lifan and Qianjiang. In 2019, these ten enterprises exported 2.892 billion US dollars, accounting for 60.20% of the total exports of motorcycle manufacturers. (China Chamber of Commerce for Import and Export of Machinery and Electronic Products)