Indonesia Dominates ASEAN Motorcycle Sales Through August 2024

Based on data from the ASEAN Automotive Federation (AAF), motorcycle sales in Southeast Asia reached 6.98 million units from January to August 2024. This figure shows a slight increase of 0.3% year-on-year (YoY).

The AAF compiled this two-wheeled vehicle sales data from five Southeast Asian countries: Indonesia, Malaysia, the Philippines, Singapore, and Thailand.

Up to August 2024, Indonesia recorded the highest sales at 4.34 million units, a growth of 3.1% (YoY). This achievement represents 62% of total motorcycle sales in ASEAN.

Thailand ranked second with motorcycle sales of 1.16 million units, down 10.8% (YoY). The Philippines followed with 1.09 million units, up 4.9%.

Motorcycle sales in Malaysia totaled 371,448 units, down 6.3% (YoY). Meanwhile, only 8,223 units were sold in Singapore, up 2.1% (YoY).

The AAF also recorded that motorcycle production in these five Southeast Asian countries reached 7.24 million units from January to August 2024. Volume decreased by 1% (YoY).

Indonesia was the largest producer with a production volume of 4.69 million units. This was followed by Thailand with 1.28 million units, the Philippines with 893,293 units, and Malaysia with 365,876 units.