Domestic and Export Sales of Compact Motorcycles Decline at the End of 2023

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Cindy Mutia Annur 08/01/2024 17:21 WIB

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The Indonesian Motorcycle Industry Association (AISI) reported a contraction in domestic and export motorcycle sales at the end of 2023.

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

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

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The Indonesian Motorcycle Industry Association (AISI) reported a decline in both domestic and export sales of motorcycles at the end of 2023.

Domestic motorcycle sales in December 2023 reached 427,033 units, down 25.34% month-on-month (mom).

Furthermore, domestic motorcycle sales in December 2023 also fell by 11.64% year-on-year (yoy).

Similarly, Indonesia's motorcycle export volume in December 2023 decreased by 7.13% month-on-month (mom) and weakened by 9.76% year-on-year (yoy).

As of December 2023, scooters still dominated sales, contributing 89.73% to total domestic sales and 52.53% to total exports.

Next, sport motorcycles contributed 5.19% domestically and 24.15% to exports.

Meanwhile, underbone motorcycles contributed 5.08% domestically and 23.32% to exports.

Cumulatively, domestic motorcycle sales from January to December 2023 reached 6,236,992 units, up 19.44% compared to January-December 2022 (cumulative-to-cumulative/ctc).

On the other hand, total Indonesian motorcycle exports from January to December 2023 reached 570,004 units, down 23.34% (ctc).

Editor : Erlina Fury Santika

"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."

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Domestic and Export Sales of Compact Motorcycles Decline at the End of 2023

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