350cc section motorbike home gross sales and exports reported at YoY and MoM progress in Might 2022

YoY 350cc section bikes gross sales greater than doubled in Might 2022. A yr earlier, market scenario was largely unstable owing to constraints in place to curb the unfold of Covid-19. In coping with the epidemic, state governments had inspired phased lockdowns. This included restraints on manufacturing and gross sales.

On the time, whole gross sales of 350cc section bikes had been reported at 19,711 items (wholesales). As well as, Jawa Yezdi gross sales had been reported at 650 items (retail gross sales). In Might 2022, these numbers had been up at a complete of 52,203 items. MoM gross sales is up marginally from 51,827 items. Quantity achieve stood at 376 items. And Jawa Yezdi retail gross sales had been up at 3,548 items. MoM gross sales fell 3.56 p.c, down from 3,679 items. Bike clever gross sales breakup for the latter isn’t out there.

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350cc Bike Gross sales Might 2022

Royal Enfield Classic 350 gross sales dominated section gross sales at slightly below 30k items. It accounts for over 50 p.c of section gross sales. YoY gross sales are up from 9,239 items. Quantity achieve stood at 20,720 items. MoM gross sales fell from 32,575 items. Quantity decline is reported at 2,616 items. Meteor gross sales are up at 8,209 items from 3,375 items. Quantity achieve is reported at a bit of beneath 5k items. MoM gross sales are up from 4,617 items.

Bullet 350 gross sales stood at roughly 7k items, up from 4,557 items. MoM gross sales fell from 7,513 items. Electra 350 gross sales are up at 37,69 items from 2,112 items. MoM gross sales fell from 3,918 items. Honda CB 350 gross sales are up at 3,308 items from 428 items. MoM gross sales are up from 3,204 items.

350cc motorbike exports

The section doesn’t have participation from all 2W producers working right here. For the longest time, Royal Enfield alone outlined and dominated the section. Extra not too long ago, Jawa entered house. And Honda now has a product within the restricted combine. And gross sales have been promising with the bike slowly and steadily enhancing on gross sales quantity.

350cc section exports confirmed YoY and MoM enchancment. Complete exports are reported at 6,440 items in Might 2022, up from 3,823 items. Quantity diff stood at 2,617 items. MoM exports are up from 5,163 items at 25 p.c progress.

RE Basic Enfield exports topped the chart at 2,779 items, up from 564 items. MoM exports are up from 1,797 items at quantity achieve of 982 items. Meteor 350 exports fell to 2,161 items, down from 2,887 items. MoM exports are up from 1,138 items. Honda CB 350 exports are up at 1.5k items from 372 items. MoM exports fell from 2,221 items to a quantity lack of 721 items.

Royal Enfield gross sales stagnant

Regardless of new entrants within the 350cc section over time, whole section gross sales quantity hasn’t been bigger than life. That is primarily as a result of Royal Enfield gross sales have remained stagnant lately, and in sure comparisons reveals a noticeable decline. For reference, Royal Enfield gross sales in Might 2019 was 62,371 items, and 74,607 items in Might 2018.

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Compared, whole Royal Enfield gross sales in Might 2022 stood at 63,643 items. Of this home gross sales accounted for 53,525 items, and exports are reported at 10,118 items. So, whereas Royal Enfield has launched new bikes within the section in current occasions, and at common intervals, total gross sales hasn’t improved. This would possibly change with the arrival of recent Hunter 350, as it’s touted to be priced as the most affordable Royal Enfield, even decrease than Bullet 350.