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Indonesia motorbike sales up 38% to more than 5mn

Tempo - January 12, 2022

Bisnis, Jakarta – Indonesia in 2021 recorded 5,057,516 units of motorcycles sold, the Indonesian Motorcycle Industry Association (AISI) said. This is a 38 percent increase from 2020's 3,660,616 units.

AISI head of Commercial Affairs, Sigit Kumala, said that the sales performance was attributable to the government's role in handling Covid-19 cases.

For 2022, AISI predicts an increase of 2-8 percent in motorcycle sales. However, there might be constraints from the increase in VAT of 11 percent, which would raise sales prices.

"5.1 million-5.4 million units. This will also provide a positive multiplier effect for related industries," Sigit told Bisnis.com on Wednesday, January 12.

Not only motorcycle sales in the domestic market, the Indonesian motorcycle industry also recorded a positive trend in terms of exports. During 2021, export sales were much higher than the previous year.

Source: https://en.tempo.co/read/1549159/indonesia-motorbike-sales-up-38-to-more-than-5m