TEMPO.CO, Jakarta - The Indonesian Motorcycle Industry Association (AISI) projects this year's export volume to exceed 200,000 units.
In August, September and October, Indonesia's monthly export of motorcycle reached over 20,000 units, up from July's 17,407 units.
AISI's commercial director Sigit Kumala said that the increasing demand for export in the last three months was caused by rising demand from destination countries that require supplies for the end of the year.
"Buyers' demand in August, September and October are allocated for the year-end supply. The demand is likely to decline again in November and December because the export market would want vehicles with new-year registrations," he said on Monday, November 9, as Bisnis Indonesia reported.
From January to October alone, the export volume of five AISI members—Honda, Yamaha, TVS, Kawasaki and Suzuki—had reached 176,758 units unit.
The number shows a rapid growth compared to the same period last year, when the three-quarter export volume only amounted to 32,073 units. Throughout 2014, Indonesia's total motorcycle export volume reached 41,746 units.
This year's export volume is the largest in the history of the national motorcycle industry; an achievement supported by manufacturers' target to boost export significantly following the principle license given by the government to expand to overseas markets.
BISNIS.COM | RR