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Feria De Las 2 Ruedas

Feria De Las 2 Ruedas Motorcycle Industry Trade Show Successfully Switched To Virtual For 2021, Returns To Plaza Mayor In May 2022

Posted On August 5, 2021
By : Loren Moss
Comment: 1
Tag: andemos, antioquia, asopartes, bogotá, carlos andres pineda osorio, colombia, covid, cundinamarca, daniel villaveces, fenalco, fenalco antioquia, feroa de l;as 2 riedas.f2rdigital, fim, guillermo pajon carmona, latin american motorcycle federation, maria bernal, maria jose bernal gaviria, medellin, motorcycle, motorcycling, motorcyclist, oliverio garcia, olivero garcia, pandemic, plaza mayor

In addition to the 61 companies participating This year’s virtual version of the Feria de las 2 Ruedas saw 61 motorcycle industry companies participating in 115 audiovisual sessions with 47 presentations of motorcycles and 19 of allied products, along with 29 interviews and 17 panels. After last year’s event was canceled, this year’s event went virtual, with sessions taking place between July 12 and 31.

During the Motorcycle Industry Forum, Maria José Bernal Gaviria, executive director of Fenalco Antioquia, indicated that for every direct job in the motorcycle industry, 4 jobs are generated through servicers and suppliers, adding up to about 70,000 jobs. Taking into account the entire productive supply chain derived from motorcycle use, Bernal says that 2.6 million people earn their livelihoods from this industry in Colombia alone.

In 2020, Colombian government figures indicate new 518,666 motorcycle registrations despite the pandemic, putting Colombia in second place for motorcycle sales in Latin America, contributing 25% of the total market. The two leading departments in this industry are Cundinamarca (surrounding Bogotá) and Antioquia (home to Medellín), with a market share of 19.8% and 18.5%, respectively.

Oliverio García, president of Andemos—Colombia’s National Association Of Sustainable Mobility gave a presentation that highlighted that more motorcycles than cars continue to be registered in Colombia. During 2020, the fall in motorcycle sales was 13% due to the pandemic, compared to a vehicle market that fell 28%, showing that motorcycles have continued to gain market preference over cars.

Feria De Las 2 Ruedas Returns To Medellín’s Plaza Mayor May 12-15, 2022 (click here)

Likewise, the Andemos report indicates that Colombia sports the highest number of electric motorcycle registrations in Latin America. The electric vehicle market in this country is one of the strongest in the region with 2,163 electric motorcycles registered in 2020, projecting that it will be above 2,500 by the end of the year, thanks in part to the different policies adopted by the Colombian government.

Regarding general motorcycle sales, as of June 2021, 323,865 units have been registered, an increase compared to 2019 where there were 291,000 motorcycles sold, reporting a growth of 11% in this period. Andemos projects 697,400 units by the end of the year, a figure that would be historic in the motorcycle market. Of course, these projections depend on not suspending economic activity due to a pandemic or continuing the blockages that have depleted the market, said Oliverio García.

Daniel Villaveces, director of the Mobility Commission of the FIM (Latin American Motorcycling Federation), mentioned in his forum that Colombians must address the challenges in road safety, with campaigns of safe driving habits since the user of motorcycles is the most affected in terms of accidents and, in Latin America alone, there are already about 50 million motorcyclists.

Villaveces also highlighted that the growing demand for the motorcycle is due to two aspects: as an individual means of transportation and as a need to generate income. In Colombia, 90% of motorcycle users use their motorcycles to get to work or to earn their income through this means of transport. Without a doubt, the motorcycle is an ally of the economic reactivation, stressed Villaveces.

Unfortunately, not all the news is positive, as indicated by Carlos Andrés Pineda Osorio, president of Asopartes, who mentioned that motorcycle thefts in the period January – June 2021 increased 18.8% compared to the same period in 2020, going from 12,570 to 14,928 records of this type of crime. For the month of June 2021, thefts of motorcycles increased 17.9% compared to the same month in 2020.

“The growth of these figures, added to the increase in auto parts theft, represents a notable difficulty for the entire sector, where the illegal market sees an opportunity for its businesses. Likewise, the increase has been significant in cities such as Bogotá, Medellín and Cali, and the most stolen objects are mirrors, external accessories, among others,” said Carlos Andrés Pineda.

For his part, Guillermo Pajón Carmona, founder and director of the event, indicated that about 60% of the total motor vehicle fleet in Colombia are motorcycles and that 26% of the households in the country count on this means of transport. In addition, Pajón revealed that 31.8% of new buyers are women.

The forums and conversations were presented via https://f2rdigital.com/In addition to this, users can see summaries of what was experienced in the face-to-face part of the event with the F2R Week Medellín, F2R Week Bogotá and the F2R Grand Prize at the Tocancipá Autodromo.

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About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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