Between January and June 2016 almost 39,000 new motorcycles were registered in the country, which is 9% more than in the same period in 2015.
<span dir="ltr">China is still the market from which the most motorcycles imported into the country arrive.In the first half of the year the number of these vehicles registered in the country rose by an average of 215 per day, outpacing growth in the same period in 2015.
Honda, Yamaha, Freedom, Suzuki and Formula control more than 50% of the total market of motorcycles registered in the country.
A study carried out by the business intelligence unit at CentralAmericaData.com on the vehicle fleet of Costa Rica shows that the number of vehicles registered each year in the country has been increasing since the fall recordedin 2009, due to the international financial crisis, and in 2015 more than 130 thousand units were registered, exceeding the historical record that stood since 2008 of about 127,000 units.
In December 2015, 22% of the vehicles circulating in the countries of the region were between 1 and 5 years old, and 19% were between 6 and 10 years old.
The report "Vehicular Fleet in Central America in 2015," compiled by the Business Intelligence unit at CentralAmericaData com details the age of vehicles circulating in the countries in Central America.
In the last four years motorcycle sales grew by 25%, and at the end of this year the industry expects to register 70,000 new units.
Crhoy.com reports that "... Figures from the Association of Motorcycle Importers and Allied Workers (AIMA) indicate that in 2006 approximately 10,000 motorcycles were registered per year, by the end of 2016 the projection is that 70,000 new units will have been registered."
In 2015 55,000 motorbikes were sold and importing companies plan to increase sales by 11% during 2016 to reach 62,000 units.
An article on Elnuevodiario.com.ni reports that "... Sales of these vehicles in the Nicaraguan market reached a volume of 55,000 units in 2015, representing the best commercial result since 2008 and an increase of 23% compared to 2014, according to the Nicaraguan Association of dealers of Motor Vehicles (Andiva). Another piece of data that confirms the dynamism of the motocycle sector is the Survey Measuring Living Standards 2014, which revealed that motorcycle ownership increased from 2% in 2005 to 11% in 2014, achieving growth of 513% between those years."
Importers and distributors of motorcycles explained that the increase is due, among other factors, to increased demand from market segments that up till now have not traditionally bought these types of vehicles.
The companies Comercio y Exportadores S de R.L., Consorcio Tonjes and Tekni Communications presented their proposals to supply 400,000 number plates for vehicles and motorcycles for a period of five years.
Elheraldo.hn reports that "... Coalianza's executive secretary, Henry Acosta, told Elheraldo.hn that "... in the first stage the selected operator must meet the unmet demand for 150.00 plates for cars and 250,000 for motorcycles, over a maximum period of six months . "
The high cost of fuel could be the main factor behind the increase in motorcycle sales, which this year will exceed 2013 figures by 20%.
The Association of Importers of Vehicles and Equipment (Aivema) expects that motorcycle sales this year will increase by up to 20% more than in 2013, due to the rebound that has been seen in demand in recent months.
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