ASEAN’s Motorcycle Market in the First Half of 2023

Motorcycle sales in ASEAN’s five major motorcycle markets (Indonesia, Vietnam, Thailand, Philippines and Malaysia) in the first half of 2023 increased by 15.8% year-on-year to 6,533,881 million units driven by rapid recovery in demand in Indonesia. Motorcycle sales in rose in Indonesia, Thailand and the Philippines, but declined in Vietnam and Malaysia.