São Paulo – The Brazilian Motorcycle, Moped and Bicycle Manufacturers Association (Abraciclo) expects a production of 1,175,000 motorcycles this year, up 6.1% from a year ago, which saw 1,107,758 units produced.
Abraciclo expects a 27.5% in exports, from 38,614 to 28,000 units. According to Abraciclo president Marcos Fermanian, what explains the decrease in exports is the “deteriorating” economic scenario in countries that have established themselves as Brazilian motorcycle consumers, particularly Argentina.
Under the current circumstances, last year Argentina posted a 60% decrease in the volume of imported motorcycles from Brazil. As for exports to the United States, the second largest market, they widened by 25.5%. Brazil is the world’s eighth largest manufacturer. “Most of [2019] production was for the domestic market,” said Fermanian.
Abraciclo reported that the industry expects a 5.8% increase in the motorcycle retail. The percentage draws near to the wholesale estimate – 5.7%. These indicators are well below 2019 figures, which stood at 14.6% and 13.2% respectively. The country’s motorcycle fleet is 28 million units.
Fermanian said that last year’s figures “encourage a more optimistic view for 2020,” but stressed that it cannot be guaranteed that reality meets performance expectations.
Bicycles
In a press conference, Abraciclo also presented the figures on bicycle output and consumption. The prediction is that manufacturers produce 987,000 units in 2020. Last year, 914,924 units, up 28% year on year.
Translated by Guilherme Miranda
