Motorcycle Sales Increased in October 2023, but Not as High as Last Year

Transportation & Logistics

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Cindy Mutia Annur 09/11/2023 15:21 WIB

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The Indonesian Motorcycle Industry Association (AISI) reports that domestic and export motorcycle sales increased month-on-month in October 2023.

Indonesia Domestic and Export Motorcycle Sales Volume (October 2022–October 2023)

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Indonesia Domestic and Export Motorcycle Sales Volume (October 2022–October 2023)

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The Indonesian Motorcycle Industry Association (AISI) reports that domestic and export sales of motorcycles increased month-on-month in October 2023.

Domestic sales of two-wheeled vehicles reached 516,293 units in October 2023, a 1.24% increase compared to September 2023 (month-on-month/mom).

However, compared to the same period last year, domestic motorcycle sales in October 2023 decreased by 3.96% (year-on-year/yoy).

Similarly, export sales volume reached 52,517 units in October 2023. This achievement increased by 2.33% month-on-month (mom), but weakened by 30.31% year-on-year (yoy).

In terms of type, scooters still dominate Indonesian motorcycle sales.

Scooter sales contributed 89.72% to total domestic sales and 52.67% to total exports in October 2023.

Sport motorcycles contributed 5.18% to total domestic sales and 24.43% to total exports.

Underbone motorcycles contributed 5.09% to domestic sales and 22.9% to exports.

Cumulatively, domestic motorcycle sales from January to October 2023 reached 5,237,976 units, a 26.22% increase compared to the January-October 2022 period (cumulative-to-cumulative/ctc) of 4,149,947 units.

Meanwhile, total Indonesian motorcycle exports from January to October 2023 reached 481,247 units, down 25.25% (ctc).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."