Turkey 2021. Motorcycles Market Shines 64.8% Vs Pre Covid

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Turkey Motorcycles
Toprak-Razgatlolu-Kawasaki-ZX-10RR

Turkish Motorcycles Market keeps the outstanding pace in the 2021. Year to Date October sales were 214.507, up 15.4% vs the 2020 and +64.8% vs the 2019 projecting the entire year at the new record of 235.000. The leader, Honda, slams a +66%.

2021 Market Data and Trend

Following the tremendous growth reported in the previous year, the Turkish two-wheeler market confirms in the 2021 the strong demand with a first half ended with a new all time best.

Indeed, in the first six months of the years total two-wheeler sales have been 110.499, +27.4% vs the correspondent period in 2020 and + 39.3% vs the 2019. No doubt that the year will be closed with the second all time record in a string.

During the third quarter, when sales deeply declined all over the World, in Turkey the balance was again positive (+2%) and just in October sales declined moderately (-4%).

Year to Date October sales were 214.507, up 15.4% vs the 2020 and +64.8% vs the 2019 projecting the entire year at the new record of 235.000.

Honda is market leader with sales up a roaring 66%, followed by Kuba (+32.6%),RKS (+34.5%), Mondial (-27.4%), Arora (+51.9%) and other 348 manufacturers.

Motorcycles Industry Heritage

This century started up with 53.000 sales in the 2000, well below the level of the record of 94.000 units touched in the 1997 and in the following years was in a sharp crisis with sales fallen down at a record-low of only 16.000 units in the 2002. Then the crisis was over and the market took a rushing path, with sales  near the record in the 2004 (92.000) and then above, with 2005 at 174.000 and in the 2006, in the sky, at the actual record of 390.000 units.

Too fast too soon, and in the 2007 and 2008 sales fell at 192.000 units (the current third best ever level), with a rapid fall at 134.000 in the 2010, a rapid recovery in the 2011, at the current third best record, 199.000.

Since then a progressive slow declining pathway is in place, with 2016 at the lower level in this decade (143.677) followed a recovery in the 2017 due to the reduction of compulsory traffic insurance tariff and ownership tax cut, ending the year at 157.755 units.

In 2018 and 2019 the market was steady.