Argentina 2021. Q3 Sales up 39% Sustained by Economic Recovery & New Mobility Demand

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GILERA ARGENTINA SP 650 RR CHRONO
GILERA ARGENTINA SP 650 RR CHRONO

Argentine Motorcycles Market kept recovering. Year to Date September figures were 272.765, up 44.2% vs the 2020 and 4.4% vs the 2019, projecting the entire year above the 350.000 sales. While the market leader Honda struggles, local manufacturers are fast growing.

Motorcycles Market Trend 2021

Following the 2019-2020 deep financial and economic crisis, which hardly hit the motorcycles market pushing down the sales from 572.266 (2018) to 263.795 (2020), the industry is finally recovering this year, even fueled by the new demand for individual mobility and by the economic recovery.

Sales grew up in all the last 12 months and after an almost positive first half, ended with 168.427 sales, up 51.6% vs the 2020 and -8.8% vs the 2019, it kept growing in the third quarter (+39%). 

Year to Date September figures were 272.765, up 44.2% vs the 2020 and 4.4% vs the 2019, projecting the entire year above the 350.000 sales.

Looking at the competitive arena, the market leader is again Honda with 53.286 sales (+20.6%) followed by Motomel with 37.944 (+48.1%) and Corven with 37.547 (+43.4%).

Outstanding performance for Zanella (+172%), Gilera (+62%) and Mondial (+149%).