Thursday, 30 June 2022

Spanish motorcycle registrations

Spain - motorcycles +10.74% YTD

After a statistically anomalous +50.10% (11,604 units) in January, the latest data from ANESDOR - the motorcycle industry trade association in Spain - show growth in decline. From +21.92% (12,421 units) in February, March was -3.40% (14,676 units) with April at -3.27 (14,041 units) - though that is still the third best April Spanish market performance since before 2009.
For the year to date the Spanish motorcycle market is still at +10.74% (52,742 units) but as elsewhere, registrations appear to be softening.


The total PTW numbers for Spain YTD are also "headed south" with -4.53% for March (15,963 units) and -6.55% (15,145 units) for April, after strong growth in January and February to +9.23% for the first four months (57,584 units). Scooter sales were up by +9.7% in April.
ANESDOR General Secretary Jose Maria Riano is quoted as saying that there was one less selling day in April 2022 (compared to 2021) and that the decline was due to a combination of "high rainfall, the persisting supply crisis and worsening economic context."
Honda is market share leader in Spain YTD with a 24.2% share (12,775 units) followed by Yamaha (12.8%), Piaggio (6.9%), BMW (6.7%) and KYMCO (5.4%).
For the Record - motorcycle registrations in Spain were +6.26% for the full year in 2021 at 165,115 units. The Spanish market had not yet caught up with 2019 registrations though (175,585 units) but 2021 was the second best motorcycle and scooter market performance in Spain since before 2009. In total PTW terms 2021 was +3.26 (182,922 units) - also the second best since before the 2007/2009 financial crisis.