Germany Motorcycles – Data & Facts 2023

Germany Motorcycles – Data & Facts 2023

super-soco-tsx-2
super-soco-tsx-2

German Motorcycles Market in 2022 was moderately positive. The Year ended with 227.856 sales, up 4.5% at the second best level out of last 15 years. Piaggio is market leader ahead of Honda and BMW.

German Motorcycles Industry Trend and Perspectives

In the 2022 the German motorcycles market was expected to recover after the 8% lost reported last year, regaining the 2020 level. 

However, sales had been penalized of short supply for many brands and customers were expecting to change their bike this year more than in the previous.

Demand for individual mobility has not been satisfied yet and other factors are positive, like the economic expansion, the strong incentives to electric vehicles and a growing demand for evs.

These factors were expected to more than balance negative impact of growing inflation and production difficulties on raw materials purchase. The effects of Russian war in Ukraine have been strong, with fuel price at the peak in decades (although Government support) and the economy is expected to smooth the growth.

However, even thanks to a great start of the year, the market runs across the year with a positive tone showing to have more difficulties for short supply thank for other economic aspects and finally ended with 227.856 sales, up 4.5% at the second best level out of last 15 years.

Looking at the single brand performance after 11 months of the year, the market leader Piaggio is gaining terrain with 34.350 sales (+13.9%) thanks to be success off of the new electric line up.

In second place Honda with 25.380 (-5.1%), loosing deep in Q3 for product shortage.

In third place BMW with 24.564 sales (-10.5%) struggles to minimize short components supply shortage.

In fourth place Yamaha (+1.0%) followed by Kawasaki (-12.3%), KTM (-30.8%), Aprilia (+29.5%), Harley-Davidson (-3.6%)  and Peugeot (+10.7%).

As expected, the electric segment is fueling the scooter market with year to date sales grew up 72.8% in the L1 category (correspondent to below 50cc ICE) and the L3 category up 438%. 

In this category, the Chinese Niu is market leader although the short supply followed by Piaggio and BMW.

Vespa elettrica
Vespa elettrica
european-electric-scooter-and-motorcycles-market
bmw-c-evolution

Motor Monitoring Market is estimated to be US$ 3.9 billion by 2032 with a CAGR of 8.8% over the forecast period (2022-2032)-By PMI Previous post Motor Monitoring Market is estimated to be US$ 3.9 billion by 2032 with a CAGR of 8.8% over the forecast period (2022-2032)-By PMI
10 Car Brands That Build The Most Reliable Sports Cars Next post 10 Car Brands That Build The Most Reliable Sports Cars