Motorbike Boom Continues in Guatemala

There are now 730,000 bikes in Guatemala, where sales of powered two-wheelers have increased 20% compared to last year.

Monday, October 29, 2012

Elperiodico.com.gt reports that "According to statistics from the Superintendency of Tax Administration (SAT), dealers imported 59,449 motorcycles during the first half of this year. According to the dealer’s projections, imports could double by year-end, and thereby supercede the record number of 107,307 units imported achieved last year. "

"Cesar Amezquita, manager of the Association of Motorcycle Importers (Asim), noted that up to Sept. 30 around 65,000 motorcycles had been sold, some 20,000 more than in the same period in 2011, a growth of approximately 18 percent . "

The increase in fuel prices and violence and insecurity on the public transport system were cited as the main reasons for the rise in motorcycles in Guatemala.



More on this topic

Motorcycle Sales: Optimism in Guatemala

March 2020

After 198,000 motorcycles were sold in the country in 2019, local businessmen forecast that during 2020 the number of units sold could increase between 12% and 17%.

Data from the Association of Motorcycle Importers (Asim) indicate that on average 16,500 motorcycles are sold in the Guatemalan market per month, but only in February 2020 sales exceeded 19,000 units.

Vehicle Fleet: Motorcycles Gaining Market

August 2019

In recent years, the number of motorcycles in Guatemala has increased by 13%, from 1.33 million units registered in July 2017 to 1.5 million reported in the same month in 2019.

According to data from the Tax Registry of Vehicles of the Superintendence of Tax Administration (SAT), up to July 2019 the country's active vehicle fleet registered 3.76 million units, of which 40% corresponded to motorcycle type vehicles.

Costa Rica: Motorcycle Sales Slow Down

February 2017

The union of importers of motorcycles has reported that in 2016 sales grew by 19%, lower than the 23% increase achieved in the previous year.

Figures from the Association of Motorcycle Importers (Aima) indicate that last year 67,736 units were sold, 19% more than what was sold in 2015, but lower than the 75,000 units that the union planned for this year.

Costa Rica: Motorcycle Imports Keep Growing

August 2016

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." 

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