Costa Rica: Motorcycle Sales Slow Down

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.

Thursday, February 9, 2017

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.

See also: "Motorcycle Market in Costa Rica"

Gilbert Porras, president of the AIMA, "... said that the pace of growth slowed during the second half."The market was growing at a rate of 25% per year for four years and it was expected that at some point it would start to go down and this started to happen in the last year'."

Nacion.com reports that "...At this rate, it is likely that growth in 2017 will be less or even be negative, according to Porras. 'This is a product of the domestic situation and the political and economic changes in our major trading partners and the world at large'."


Figures by the union indicate that the speed of growth in sales has been declining since 2013. That year the increase over 2012 was 32%, and then the growth rate went down year after year: 27% between 2013 and 2014, 22.6% between 2014 and 2015 and 18.6% last year.

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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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Nicaragua: Motorcycle Sales Could Grow 5% in 2017

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The motorcycle dealers union plans to close the year 2017 with the sale of 65,100 units nationwide, which would represent an increase of almost 5% compared to 2016.

The aim of the Nicaraguan Association of Motor Vehicle Dealers (Andiva) is to sell around 3,100 motorcycles more than last year. 

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.

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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