motorcycle parts

China's motorcycle industry is still consolidating rapidly with the number of existing suppliers down by more than 30 percent from 2004, even as exports continue to surge. Despite this change, the industry has maintained its status as a manufacturing and exporting powerhouse. The bulk of motorcycle exports continues to go to low-end and midrange markets such as Asia, the Middle East and Africa. To further penetrate these two markets, suppliers are attempting to change China's reputation as a source of inexpensive reproductions of well known motorcycle brands to a source of quality, environment-friendly models with original designs. More suppliers, however, have become aware of the strong potential for growth in the US and EU and have started focusing exports to these two markets. In fact, exports to the US have surged 93 percent from US$45 million in the whole of 2004 to US$87 million from January to October 2005. According to statistics, in 2003 Chinese auto and motorcycle parts and accessories enterprises scored a production value of US$8.1 million on average.