Two-Wheeler Sales January 2022: Royal Enfield Monthly Exports At All-Time High
Highlights
- Domestic market sales decline 23 per cent in January 2022
- Royal Enfield sold 49,726 motorcycles in January 2022
- Exports grow 102 per cent to 9,112 units in January 2022
Royal Enfield has reported overall sales of 58,838 motorcycles in January 2022, in both domestic and export markets, a decline of 15 per cent against sales of 68,887 motorcycles in the same month last year. This, Royal Enfield says, is despite production being impacted by the onset of the third wave of the COVID-19 pandemic and the ongoing shortage of semiconductor chips. However, the company has described strong growth in overseas markets, and has reported the highest-ever monthly exports, continuing what it says is a stellar run in international markets.
Also Read: Royal Enfield Super Meteor Spotted On Test In New Video
While domestic market sales of motorcycles declined by 23 per cent, to 49,726 motorcycles in January 2022, compared to 64,372 motorcycles despatched in the same month a year ago. In overseas markets, Royal Enfield despatched 9,112 units, the highest-ever monthly exports, and a whopping 102 per cent increase over the same month a year ago, when Royal Enfield had exported 4,515 motorcycles.
Also Read: Royal Enfield Classic 350 Launched In The Philippines
In the April 2021 to January 2022 period, overall sales volumes of Royal Enfield remained flat, with 4,75,431 motorcycles despatched in the period, compared to 4,76,633 units in the same period a year ago. Domestic market sales declined 8 per cent during this period, from 4,48,441 units during April 2020 to January 2021, to 4,10,624 units during the April 2021 to January 2022 period.
Also Read: Royal Enfield Classic 350 Launched In Australia & New Zealand
The silver lining is the export volumes during this period, which grew a massive 130 per cent, from just 28,192 motorcycles in the April 2020 to January 2021 period, to 64,807 motorcycles during the April 2021 to January 2022 period.
Also Read: Royal Enfield Classic 350 Launched In The UK
Royal Enfield's bestselling Classic 350 is being pushed to global markets, with the model being launched in the Philippines, Korea, Australia, New Zealand and the UK, following launches in India and Thailand in 2021. The new Royal Enfield Classic 350 continues to receive positive response across markets, Royal Enfield said in a statement. The 1,00,000th unit of the all-new Classic 350 rolled out from the company's manufacturing facility recently.
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- Two-Wheeler Sales January 2022: Royal Enfield Monthly Exports At All-Time High