Motorcycle trade in China – additional information
Domestic motorcycle sales in China are closely regulated by local and provincial governments. A series of bans and limitations on the use of motorcycles in Chinese urban areas has notably affected the sales development. Annual motorcycle sales in China have seen a consecutive decrease between 2010 and 2013 and have recovered only slightly in 2014. Simultaneously, motorcycles are among the main transportation means in rural areas of China. This correlates to the amount of motorcycles owned by households with low income, as household incomes tend to be notably higher in urban China.
Motorcycle imports to China are subject to luxury tax, a fact that causes the domestic market to be dominated by local manufacturers. Da Changjiang was China’s leading motorcycle manufacturer , with a sales volume of approximately 1.1 million units from January to July 2015. In 2014, motorcycles with an engine capacity between 111cc and 125cc accounted for over 40 percent of two-wheeled motorcycle sales. In China’s tricycle sales market, monthly freight tricycle sales outweighed passenger tricycle sales almost six to one.
Due to a decreasing domestic demand, the Chinese motorcycle industry forces motorcycle exports. The export value of automobile parts and motorcycles has increased tenfold over the past ten years, reaching 60.74 billion U.S. dollars in 2012. During the first half of 2014, Chinese motorcycle manufacturer Loncin ranked first with a total export value of about 272 million U.S. dollars.