Pakistan’s Sales Results of Motorcycles in YTD August 2024

Motorcycle sales in Pakistan decreased by 26.9% from the previous year to 1,081,830 units in 2023. The sales decline, which has continued since 2022, is due to demand being suppressed triggered by the overall economic slowdown and import restrictions. However, in 2024, agriculture, blessed with good weather, is driving the economic recovery, and along with that, demand for motorcycles is also recovering. Since March 2024, it has been at a level that exceeds the same month of the previous year.