Costa Rica: Motorcycle Imports Keep Growing

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.

Tuesday, August 2, 2016

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." 

Gilberth Porras, an AIMA representative said that "... 'The national infrastructure has a very steep backlog and constant traffic jams have led to an energization of the motorcycle industry. In addition, facilities to acquire a motorcycle have made sales increase'. He went on to state that the market will reach sales levels of 100,000 motorcycles a year in the coming years. " 

Data from the report Vehicular Fleet in Costa Rica, complied by the Business Intelligence unit at CentralAmericaData.com indicates that by the end of 2015, motorcycles accounted for 19% of the total vehicle fleet, with 256 thousand units.

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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%.

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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.

Honduras: Good Perspectives for Car Sales

November 2016

The union of distributors plans to close 2016 with an annual increase of between 3% and 5% in sales of new vehicles.

Industry representatives estimate that the vehicle fleet will close 2016 with an annual growth of 10%, with at least ".... 15 thousand vehicles circulating in the country." 

Costa Rica: 9 New Motorcycles Every Hour

October 2016

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.

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.

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