Large displacement bikes see faster sales

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A total of 375,252 motorcycles were sold in the country in 2021, up 21% from a year ago, according to data from the Bangladesh Road Transport Authority. Photo: Prabir Das

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A total of 375,252 motorcycles were sold in the country in 2021, up 21% from a year ago, according to data from the Bangladesh Road Transport Authority. Photo: Prabir Das

The demand for motorcycles with larger engine capacity is increasing among bike enthusiasts in Bangladesh as these models are becoming safer and cheaper.

Demand for 150cc motorcycles reached 30% growth last year while demand for 125cc models grew by only 13%.

Meanwhile, 100-110cc motorcycles saw a 16% growth in demand after the market began to recover from coronavirus-induced shocks, according to market participants.

But in terms of market share, the smaller capacity engines still rule the roost with around 55% more sales.

“In terms of sales growth, demand for larger cc motorcycles was high in 2021 compared to other segments,” said Subrata Ranjan Das, executive director of ACI Motors Ltd, Yamaha’s local distributor.

The sale of larger displacement motorcycles increased thanks to their reduced prices as well as a reduction in registration fees.

Customers prefer 150cc motorcycles because of the added comfort and safety features, Das said.

Also, customers can now purchase a 150cc motorcycle at the same price as a 125cc motorcycle. The price of a 125cc bike is around Tk 2 lakh while 150cc models cost basically the same.

“The economy returned to normal in 2021 and therefore sales were better than in 2020,” he added.

The chief executive of ACI Motors went on to say that, barring any other unforeseen economic disaster, demand for motorcycles will increase by 20-25% per year until 2030.

A total of 375,252 motorcycles were sold in 2021, up 21% from 311,016 units the previous year, according to data from the Bangladesh Road Transport Authority (BRTA).

On average, monthly sales were around 31,271 units in 2021 compared to 25,918 units in 2020.

Market participants are optimistic that the growth forecast will be met by overcoming the challenges posed by the pandemic, which has encouraged people to invest in manufacturing and assembly in Bangladesh.

Market insiders say around 5 lakh motorcycles were sold in 2019, up 25% from 4 lakh units the previous year, but sales fell in 2020 due to the impact of Covid-19 .

“All motorcycle brands recorded good sales growth in 2021 and we hope to continue this trend this year,” said Hafizur Rahman Khan, chairman of the Motorcycle Manufacturers and Exporters Association.

He is optimistic about the market development as the government has granted a 20-year tax holiday to the automotive sector to help it grow.

Nine companies – Japanese brands Honda, Suzuki and Yamaha, Indian Bajaj, TVS and Hero, and Runner Automobiles from Bangladesh, Atlas Bangladesh Limited and Grameen Motor – have made the country nearly self-sufficient in manufacturing and assembling motorcycles in one Record time. – growing market.

Among them, Runner Motors, Honda and Hero mainly manufacture personal two-wheelers.

Abdul Matlub Ahmad, chairman of the Nitol Niloy Group, which assembles Hero-branded motorcycles, said market demand for 100-110cc bikes is still high as people buy motorcycles to meet necessity rather than to passion.

Shah Muhammad Ashequr Rahman, head of finance and trade at Bangladesh Honda Pvt Ltd, said the market share of small capacity engines is higher than that of 125cc and 150cc motorcycles.


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