Domestic Motorcycle Sales Increased by 19% in 2023

Transportation & Logistics

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Cindy Mutia Annur 08/01/2024 15:45 WIB

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According to the Indonesian Motorcycle Industry Association (AISI), domestic motorcycle sales increased by 19% in 2023, but remain below pre-pandemic levels of 2018-2019.

Annual Domestic Motorcycle Sales Volume (2013-2023)

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Annual Domestic Motorcycle Sales Volume (2013-2023)

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According to a report by the Indonesian Motorcycle Industry Association (AISI), domestic motorcycle sales reached 6,236,992 units throughout 2023.

This figure is up 19.44% year-on-year (yoy). In 2022, domestic motorcycle sales totaled 5,221,470 units.

Throughout 2023, scooters still dominated domestic motorcycle sales in Indonesia, contributing 89.73%. Sport motorcycles contributed 5.19%, and underbone motorcycles 5.08%.

Over the past decade, domestic motorcycle sales have been fluctuating.

Domestic two-wheeled vehicle sales soared to their highest level in 2014, then the trend generally declined until reaching its lowest point in 2020.

In the early year of the Covid-19 pandemic, domestic motorcycle sales fell by 43.5% (yoy), from 6.48 million units in 2019 to 3.66 million units in 2020.

Sales then began to recover from 2021 onwards, as shown in the graph above.

Despite this, the volume of motorcycle sales in Indonesia throughout 2023 remains lower than pre-pandemic sales in 2018-2019.

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."