Egyptian Motorcycles Market is in a positive trend since five years. In 2021 sales grew up 8% versus the previous year reaching quota 530.000, the best out of last seven years and the fourth growth in a row. The leader, Bajaj Auto boomed up 59%.
Motorcycles Market Trend 2021
Differently from the most of African market, the motorcycles sector is not the primary mobility vehicles in Egypt. In facts, cars, lorries and public transportations have more relevance due to the high urbanization reached by the country (over 43%) and by the geographical characteristic, with most of actives along the coastal and river areas.
The 2/3 wheeler market has been one of the best worldwide in the last decade and the covid19 just enhanced the demand for two wheelers, with sales boosted towards new records.
The Egyptian motorcycles market is one of the most variable in Africa and in the World, being heavily depended by price fluctuation and by duties, which are too frequently modified by Governments.
Actually the market is in a positive trend, which started in 2018 after a five years fall.
In 2021 sales grew up 8% versus the previous year reaching quota 530.000, the best out of last seven years and the fourth growth in a row.
The competitive landscape lives in the commercial war between Chinese and Indian manufacturers, considering the average price for a motorcycles (by far the largest segment in the market) is below the 1.000 euros.
Bajaj Auto, working in partnership with the largest automotive company in Egypt, is market leader, but many Chinese manufacturers are strongly competing.
In 2021 Bajaj consolidated the leadership with a roaring +59.2% performance, while main followers, Honda and the Chinese Haojue lost sales, both in the range of 17%.