Vietnam motorbike circulating data obtained by NMK LLC, a market research company in Vietnam, shows number of motorbike circulating in each province of Vietnam including both new registered and the existance motorbike under provincial management. The motorbike circulating data is really helpful for motorbike manufacturing, relevant industries such as lubricant, tires, battery, spare parts who use these data for making analysis or forecasting.
The research is aimed to obtain current existing circulated motorbike in each province in Vietnam which are used to journalized the demand for lubricant engine oil, tires, battery, and spare parts for each type of motorbikes in each province as well as economic regions. The data is also used to forecast the demand in the period of 2017-2020.
The market is divided into seven regions covering: Northwest, Red River Delta, North Central Coast, Central Highlands, South Central Coast, Southeast and Mekong Delta region.
REGION | Percentage (Y2014) | Annual Growth | ||
Underbones | Scooters | Underbones | Scooters | |
Northwest | 90% | 10% | -1.3% | 1.3% |
Red River Delta | 82% | 18% | -1.6% | 1.6% |
North Central Coast | 85% | 15% | -1.4% | 1.4% |
Central Highlands | 88% | 11% | -1.3% | 1.3% |
South Central Coast | 85% | 15% | -1.4% | 1.4% |
Southeast | 82% | 18% | -1.6% | 1.6% |
Mekong Delta | 90% | 10% | -1.3% | 1.3% |
Registered motor vehicles
As the end of the year 2016, there were around 51.043 million motorcycles and 2.387 million autos in the country, in which passenger cars reached at 1.226 million cars and commercial cars rose to 1.161 million autos.
Motor Vehicles Assembled
The country’s motor vehicles assembled in 2016 estimated to increase to above 3.27 million pieces, in which assembled cars rose to 228,000 pieces and motor assembled reached at 3,046 thousand pieces.
Motor Vehicles Imported
Motorcycles imported market showed the increase of 20% in 2016, but just accounted for a half in term of value compared with the year 2010 or 2011. The motorbike market seemed to be better in 2016 but the country’s demand caused many obstacles for industry development in recent years.
Circulating Motorbike
Number of circulating motorbike increased drammatically from 16 million pieces in 2005 to nearly 55 million pieces in 2017. Ho Chi Minh city and Hanoi maintained top cities having most registered motorbike among 63 provinces in Vietnam. Dong Nai, Binh Duong in the South, Daklak in the Central, and Thanh Hoa, Nghe An, Hai Phong in the North have more than 1 million circulating motorbikes.
In general, motorbike growth rate in Vietnam is forecasted to hover around 8-10 percent in average. Having more than 96 million people as of 2018, the country is evaluated as potential market for both motorbike and automobile industry.
Circulating motorbike data is sum up from 63 provinces, so it reflect exactly demand at each area and relevant sectors might rely on these data to forecast and evaluate demand of supporting products in area and region.
Vietnam motorbike circulating data is also shown the ratio of number of underborne and scooters motorbikes. Due to nature usage of its spare parts, underborne and scooters use different kind of spare parts such as tires, battery, lubricant.
Clients can get full data of motorbike circulating in Vietnam by pre-ordering at ic@nmkin.com or calling to market research team +84 33 7572 999 for support.
