Spain - motorcycle registrations to October +7.15 %
As is the case in Italy and Germany, the latest new motorcycle registration data from ANESDOR, the motorcycle industry association in Spain, has to be treated with caution with late-year registrations of unsold inventory being registered before the 1 January, 2025 Euro 5+ deadline came into effect.
The data shows motorcycle registrations up by 11.54% for the year at 222,105 units. Based on prior year data and the monthly data through 2024, a more likely 'real' comparable would be in the region of 210,000 units for annual growth of around +8% - still a very good market performance in Spain for 2024and the best since before 2009.
Total new PTW registrations growth was likely to have been a little lower than for motorcycles, at around +6% at best (approximately 212,000 units). ANESDOR put electric PTW registrations at around 7,855 units, which down by 40.5%.
Honda was market share leader YTD selling 48,218 units for a 21.7% market share. It was followed by Yamaha (33,261 units for a 15.0% share), Kymco third (6.1%), BMW fourth (5.9%) and Piaggio fifth (5.2%).
The best-selling models in Spain YTD were the Honda PCX 125 (8,934 units/4.0% share) and the Yamaha NMAX 125 (8,878/4.0% share), followed by the SYM Symphony 125 (2.5%) and the Yamaha X-Max (2.4%).
Electric PTWs totalled 5,407 units YTD - a 2.4% share of the overall market and down 36.5% on last year; ICE models (216,698 units) still account for a 97.6% share of the total PTW market in Spain.
For the record - 2023 saw motorcycle registrations up by +13.44% in Spain (199,120 units sold). In displacement terms it was larger cylinder capacity motorcycles (and therefore, typically, the most expensive models) that were the highest growth sector in Spain in 2023 with machines over 750 cc up by +24.1% and those between 125 cc and 750 cc up by +18.2%. Scooters continued to be the most popular single sector in Spain in 2023 with registrations up by +14.3% (110,467 units - some 55% of sales).
