350cc motorbike gross sales elevated considerably on a YoY foundation whereas MoM gross sales dipped each in home and export markets

350cc bikes gross sales and exports grew in July 2022 up 17.06 % and 109.69 % respectively over July 2021. De-growth was seen on a MoM foundation each the place home gross sales and exports have been involved.

YoY gross sales of bikes within the 350cc phase in July 2022 noticed home gross sales at 44,521 models whereas exports have been at 5,542. This was towards 38,034 models bought in home markets whereas 2,643 models have been exported in the course of the month of July 2021. MoM gross sales alternatively, dipped 4.14 % in home markets from 46,446 models bought in July 2022, whereas exports fell 26.88 % over 7,579 models shipped in June 2022.

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350cc Motorbike Gross sales July 2022

Royal Enfield Basic 350 led the phase with 23,223 models bought in July 2022. This was a 37.50 % YoY progress over 16,890 models bought in July 2021. Basic 350 commanded a 52.16 % share. MoM gross sales dipped 8.66 % from 25,425 models bought in June 2022 when share proportion stood at 54.74. Noting excessive demand for this 350cc mannequin, Royal Enfield has launched new Hunter 350.

At No. 2 was the Meteor 350 which has seen each YoY and MoM de-growth. Gross sales which had stood at 8,777 models in July 2021 dipped 7.85 % to eight,088 models in July 2022. This was a 689 unit quantity de-growth with an 18.17 % share. MoM gross sales fell 6.44 % from 8,645 models bought in June 2022. Royal Enfield had the Bullet 350 in a No. 3 place on this listing with YoY de-growth of 8.45 % to six,530 models, down from 7,133 models bought in July 2021. This was a 603 unit dip in volumes whereas it commanded a 14.67 % share on this listing. MoM gross sales efficiency was higher with a ten.81 % progress over 5,893 models bought in June 2022.

Electra 350 alternatively noticed a YoY improve in home gross sales in July 2022 to three,853 models, up from 2,949 models bought in July 2021 resulting in a 30.65 % progress. Efficiency on a MoM foundation was inferior to gross sales dipped 11.69 % from 4,363 models bought in June 2022. Royal Enfield presently instructions over 80 % market share, which may improve over the following couple of months with the brand new Hunter 350.

Honda CB 350 was at No. 5 on this listing with gross sales of two,827 models in July 2022, up 23.72 % from 2,285 models bought in July 2021. This was a 542 unit quantity progress with a 6.35 % share. MoM gross sales additionally elevated 33.35 % from 2,120 models bought in June 2022. Additionally on the listing was Jawa Yezdi with retail gross sales at 2,971 models, up 16.24 % over 2,556 models bought in July 2021. It was nonetheless a MoM de-growth of 9.81 % from 3,294 models bought in June 2022.

Checkout: 350cc Bike Gross Sales Dec 2021 – Traditional, Meteor, Bullet, CB350

350cc Motorbike Exports July 2022

It was the RE Meteor 350cc that led export markets. Gross sales stood at 2,844 models in July 2022, up 63.73 % from 1,737 models bought in July 2021. The Meteor instructions a 51.32 % share. MoM exports nonetheless, dipped 18.44 % from 3,487 models shipped in June 2022 with share proportion at 46.01.

Elevated demand was seen for the Basic 350 up 2666.15 % on a YoY foundation from 65 models shipped in July 2021 to 1,798 models previously month. This was a 1,733 unit quantity progress with a 32.44 % share. When in comparison with 2,592 models shipped in June 2022, it was a 30.63 % MoM de-growth.

Honda CB 350 noticed exports rise 7.02 % YoY to 900 models in July 2022, up from 841 models bought in July 2021. MoM shipments nonetheless, fell 40 % from 1,500 models shipped in June 2022. Bullet 350 and Electra 350 exports have been at 0 models in July 2022 whilst there had been 5 models of the Electra shipped in July 2021.