Thursday 2 April 2015

UK motorcycle market

UK market growth continues

New motorcycle registrations in the UK have continued to grow this year, according to the latest data released by the MCIA - the UK's motorcycle industry trade association.


Following a +14.69 percent improvement in January, registrations in February were up by +17.9 percent (3,491 units), bringing the UK motorcycle market to +16.08 percent growth (7,956 units) for the first two months of the year.
This follows strong +11.7 percent annual growth for motorcycle registrations in the UK in 2014 (to 90,673 units, up from 81,180 in 2013), with total PTW registrations +10.19 percent in 2014 (101,227 units, up from 91,910 in 2013).
February total PTW registrations in the UK were +11.71 percent (3,939 units, and +11.31 percent in January (5,028 units) making the total UK PTW market +11.49 percent (8,967 units) for the year-to-date.
In motorcycle terms the biggest growth in the UK market came in the 651 - 1000cc sector where sales are up by +34.6 percent so far this year (a massive +59.1 percent in February), machines of over 1000cc up by +12.9 percent so far this year.
The most recent available data (2012) says that there are 1.2 million PTWs in use in the UK; that some 45,000 new riders passed their motorcycle test in the UK in 2012/13 (down from 70,000 in 2008/09, and that the total distance travelled by motorcycle in the UK was 4.6 bn KM (2.8 bn miles) in 2012 (down from 5.1 bn KM/3.2 bn miles in 2009).