In 2020, due to the impact of the global epidemic, the world economy will suffer a severe recession, the circulation of the industrial chain and supply chain will be disrupted, international trade and investment will shrink, the commodity market will be in turmoil, and domestic consumption, investment and export will decline. At the peak of the epidemic in February, the production and sales of China's motorcycle industry fell by more than 70 percent year on year, and more than half of the enterprises stopped production.
Under the strong support and unified deployment of national policies, the upstream and downstream enterprises of the whole industry made joint efforts, and the internal and external coordination was required. The motorcycle industry took the lead in recovering from the impact of the epidemic. In 2020, China will produce and sell more than 17 million motorcycles, down about 1% year on year. Domestic sales will be about 10 million, down only 0.32% compared with last year. Basically reached the level of the same period last year.
1.Production and marketing situation
Due to the precise and effective prevention and control of the national epidemic, the central and local governments issued a series of policies to help enterprises and promote the resumption of production. Since March, the domestic market of China's motorcycle industry began to recover at an accelerated pace. The sales volume from January to April has been basically flat with that of the same period last year, basically making up for the impact of the epidemic on the domestic market. But in the same period, due to the outbreak of overseas diseases, exports fell sharply, which slowed the overall recovery of the industry. Since the second half of the year, with the improvement of overseas markets, the industry began to recover comprehensively. In the "golden nine and silver ten" sales season, about 3.4 million motorcycles were sold in the industry, an increase of 10.29% over the same period last year, which accelerated the progress of the industry recovery.
In 2020, according to China Motorcycle Chamber of Commerce statistics 93 industry backbone enterprises, a total of 17,023,500 and 17,066,700 motorcycle production and sales, down 1.98% and 0.38% year on year.
The large displacement recreational motorcycle market has entered a stage of rapid development since 2013. After 8 years of development, the consumer group has gradually become a scale. At the same time, it has driven the development of motorcycle surrounding industries, such as motorcycles, clothing and accessories, and modification.
In 2020 this year, the production and sales volume of motorcycles with a displacement of more than 250ml (excluding 250ml) will be about 208,800, with a year-on-year increase of 13.32% and a 14-fold increase compared with 2013 (13,000).
From the Chinese motorcycle market total volume, large displacement motorcycle accounted for only about 3%, there is still a huge development potential. With the continuous improvement of residents' income level, middle and higher income groups continue to expand, it is expected that in the future, large-displacement motorcycles will account for 10% of the total domestic motorcycle market. In 2020, the production and sales volume of small and medium displacement two-wheeled motorcycles (displacement of 250ml or less, including 250ml motorcycles) in China is about 12.3474 million, down 5.87% year on year; Domestic sales reached 5.7542 million units, down 10.51% year on year. Electric motorcycles are mainly sold in China, with a small amount of exports, mainly used for travel, and have a certain role in replacing small and medium displacement motorcycles. In 2020, the sales volume is 2.2954 million, with a year-on-year growth of 20.91%.
Although the three-wheeled motorcycle is facing the pressure of environmental protection standards, it has a good consumption base in rural areas and meets the needs of rural people. After several years of adjustment, it began to recover last year. In 2020, the production and sales volume was about 2.223 million, with a year-on-year growth of 14.66%. Among them, the sales volume of electric three-wheeled motorcycles was 653,800, up 62.05% year on year. The sales volume of oil-fired three-wheeled motorcycles was 156.63 units, up 2.15% year on year. In 2020, the sales of small and medium displacement motorcycles, electric motorcycles and three-wheeled motorcycles totaled 16.865,900, accounting for 98.8% of the total production and sales of motorcycles.
In 2020, among the top 10 enterprises in industry production and sales, 2 will see growth and 8 will see decline; Eight of the top 20 companies saw year-on-year growth, while 12 saw a decline. The main reason for the decline is the epidemic; Second, small and medium displacement motorcycle market competition at home and abroad is more intense.
From growth enterprises, in 2020, sales of the top 10 enterprises were grand river, zongshen, lifan, silver cheung, southeast wuyang - Honda, north of luoyang, new continents Honda, luyuan, a new day, were 1.8873 million, 1.1426 million, 1.0742 million, 882200, 861600, 810800, 727300, 706800, 637600, 529500.
Affected by the epidemic in 2020, China's motorcycle export declined in the first half of the year, and continued to recover in the second half of the year. The annual export volume was basically the same as last year, and the total export volume increased.
In December, the export volume of motorcycles reached 808,700 units, with a month-on-month increase of 6.85% and a year-on-year increase of 20.5%. The export value was US $480 million, up 6.16% month-on-month and 23.26% year-on-year. Among them, the export of second-wheel motorcycles reached 759,000, up 6.89% month-on-month and 20.52% year-on-year. The export of three-wheeled motorcycles reached 49,800 units, up 6.29 percent month-on-month and 20.17 percent year-on-year.
From January to December, the export volume of motorcycle manufacturers reached 4.953 billion US dollars, up 2.59% year on year. Total vehicle export volume was 7.0906 million units, a year-on-year decrease of 0.48%; The export value was 4.074 billion US dollars, up 0.26% year-on-year. Motorcycle engine exports totaled 1.3752 million units, down 1.5 percent year on year; The export value was 212 million US dollars, up 7.25% year on year. The export volume of ATV was 269,900, up 54.13% year on year, and the export value was 457 million US dollars, up 46.33% year on year. The export value of motorcycle parts was USD 209 million, down 17.43% year on year.
From January to December, the top ten enterprises in motorcycle export volume were: Longxin, Great Yangtze River, Yinxiang, Zongshen, Daye, Lifan, Guangzhou Haojin, Dayun, New Continental Honda, and Luoyang North. The ten enterprises exported 4.294 million units, accounting for 60.56% of the total motorcycle export volume.
3. Economic Benefits
From January to November, motorcycle production enterprises completed the total industrial output value of 91.178 billion yuan, up by 4.40% year on year; The industrial sales output value reached 90.423 billion yuan, up 4.05% year on year; Industrial added value reached 17.875 billion yuan, up 13.47% year on year. From January to November, the production and sales ratio of motorcycle manufacturers was 99.17 percent, 0.33 percentage points lower than that of the same period last year and 0.26 percentage points lower than that of the same period last year.
From January to November, the operating income of motorcycle manufacturers reached 97.653 billion yuan, up 2.30% year on year; The total profit reached 1.421 billion yuan, down 52.43% year on year; Total profits and taxes reached 3.461 billion yuan, down 31.24% year on year.
From January to November, the operating cost of motorcycle manufacturers was 82.881 billion yuan, with a year-on-year increase of 1.91%; Taxes and surcharges amounted to 777 million yuan, down 3.56% year on year. Sales expenses reached 3.465 billion yuan, up 0.79% year on year; Management expense was 43.96 yuan, down 3.66% year on year; R&D expense was 2.556 billion yuan, up 4.50% year on year; Financial expenses reached 2.646 billion yuan, up 215.88% year on year.