December bike gross sales steady ending 2022 on 1.9% gr…

OVERALL 2022 was a difficult 12 months for the bike business, because it battled altering laws, chip shortages, and uncertainty round occasions.

2022 additionally performed out in opposition to a backdrop of great progress within the sector, after 2020 and 2021 confirmed vital progress as folks shunned standard technique of commuting within the wake of the pandemic.

That progress waned considerably in 2022 although, and for the primary time in a very long time, it seemed as if the market is likely to be slowing down. Regardless of this, registration statistics from the MCIA present that general 2022 was some progress, with new registrations up by 1.9 p.c when in comparison with 2021.

In whole, 5,435 new bikes had been registered in December 2022, in contrast with 5,449 in December 2021. This helped keep the market’s place in 2022, ending the 12 months with 108,510 new bike registrations, in comparison with 106,372 within the earlier 12 months. In the event you embody mopeds and trikes into that whole, the underside line quantity for 2022 was 116,534 in contrast with 114,371 in 2021.

Unsurprisingly, the BMW R 1250 GS was the largest vendor within the journey bike class, which means there have been 110 difficult-to-wrap Christmas presents dotted concerning the nation. Royal Enfield’s Hunter 350 took high honours within the trendy traditional sector with 50 bikes registered. The Honda CBF 125 M has been the top-seller in the usual, additionally referred to as the bare class, for a very long time, and it’s a place it refused to relinquish final month, with 129 bikes registered. The very best registering powered two-wheeler (PTW) of all within the last month of 2022 was the Honda PCX 125, ending the 12 months on 263 registration in December.

Talking concerning the end-of-year report, Tony Campbell, CEO of MCIA mentioned:

“2022 has confirmed to be one other nice 12 months for the business, MCIA will proceed to work carefully with the UK Authorities on delivering the motion plan launched early in 2022, which incorporates the licence assessment that is among the ten key actions agreed with Authorities within the motion plan. 2023 will probably be one other encouraging 12 months for the sector the place we expect additional progress on what was already a superb 12 months in 2022 which can see additional enlargement of battery electrical merchandise and different new applied sciences to the market”.