Mongolia Motorcycles Market keeps growing in 2026. Following the the seventh record in a row established last year, the first four months 2026 has been positive again, while for a smaller +14.2% . Chinese dominate the ranking.
Motorcycles Industry Trend and Perspectives
Mongolia is heavy investing in new infrastructures willing to enhance its rule of bridge between central Asia and Chinese region and the economy is leaving a positive momentum since several years. In such positive environment, the motorcycles industry is fast growing and our forecast for the next decade is very interesting with a market projected to increase over 5 time from the 2020 level. The two wheeler is the best individual device for low income people and the economic growth is pushing up demand for motorcycle as in no other country in the world.
Following the great performance reported in the 2025, when the market continued to fast growing hitting the seventh record in a row and sales have been 46.148 (+28.2%), one of the best growth worldwide, the first four months 2026 data has been positive again, while for a smaller +14.2%
The market growth is sustained by the economic momentum and by the increasing urbanization, both requiring affordable individual mobility, in a country with poor public transport infrastructures and low pro capita income. If the economic trend will of change, the market will keep growing although the already positive track scored in the last years.
Market Leaders and Performance
All top manufacturers are Chinese, with Dayun confirming the last 3 years leadership although losing 27.9% of sales.
In second place the previous leader, Shineray is reducing the gap (+26.1%) followed by Haojue (+39.3%), Zongshen, arrived recently but already among the top, and Zhujiang (+42.7%).
The top Japanese manufacturer is Yamaha (+49.3%), while the best European is Gas Gas (+14.9%).
Mongolia Overview
The large central Asian nation of Mongolia is rapidly developing its economy with a to grow from 5.8 percent in 2023 to 6.2 percent in 2024 as the mining sector expands, private consumption recovers, and fiscal expansion stays strong, according to the World Bank.
In the medium term, economic growth is expected to accelerate, averaging above 6 percent in 2025-2026, driven by a substantial increase in mineral production as Oyu Tolgoi’s 2023 mining production is anticipated to more than double by 2025.
Yet, significant downside risks persist. These risks encompass lower mineral exports prompted by slower-than-expected growth in China, as well as uncertainties on coal offtake agreements. Additional risks include inflationary pressures stemming from both further domestic fiscal expansion and heightened geopolitical tension in the Middle East, potentially resulting in higher oil prices.
In the country there are 4 million citizens with a nominal GDP of US$4.947, the half of world’s average and the road infrastructures still need to be developed, while the main private transportation within the only existing metropolitan area, the capital, Ulaanbaatar, where over 1.25 million people live, is based on 2-wheelers.
