China recreational vehicle sales decrease by 18% YOY in July 2022

Date:2022-08-31 Author:Tom Source:www.chinaspv.com

Influenced by the epidemic, the sales of recreational vehicles (RV) in July were 1,171 units, down by 11% MOM and 18% YOY; the total sales from January to July were 6,326 units, down by 13% YOY.

	2018	2019	2020	2021	2022
Sales in July (units)	883	870	965	1429	1171
YOY growth in July	88.0	-1.0	11.0	48.0	-18.0
Total sales from Jan to Jul (units)	4246	5744	4179	7261	6326
YOY growth from Jan to Jul	90.0	35.0	-27.0	74.0	-13.0

The year-on-year growth in July and the first seven months of 2022 were negative, which were mainly because of the epidemic from April to June and the extreme hot weather in July.

	Jan	Feb	Mar	Apr	May	Jun	Jul
Monthly sales in 2022 (units)	1276	380	769	569	843	1318	1171
Monthly sales in 2021 (units)	935	411	720	1266	1013	1487	1429
YOY growth %	36.5	-7.5	6.8	-55.1	-16.8	-11.4	-18.0
MOM growth %	14.2	-56.0	102.4	-26.0	48.2	56.3	-11.2

Affected by the epidemic from April to July, the RV market witnessed sales decrease for four consecutive months, which is the main reason for the sluggish market this year.

	C-type RV	B-type RV	A-type RV	Total
Sales in July (units)	944	221	6	1171
Proportion of July %	80.6	18.9	0.50	100.0
Total sales from Jan to Jul (units)	4569	1723	34	6326
Proportion from Jan to July %	72.2	27.2	0.6	100.0
Proportion of 2021 %	71.3	28.0	0.7	100.0
Proportion of 2020 %	64.0	35.2	0.8	100.0
Proportion of 2019 %	50.1	49.1	0.8	100.0

In recent years, C-type RV has dominated the market, which mainly because C-type RV is more economical and practical and can meet most customers’ needs.

In July 2022, the sales of RV less than 6m is 1,162 units, accounting for 99.23%; and the total sales from January to July is 6,286 units, accounting for 99.37%.

	Less than 6m	6-8m	Over 8m	Total
Sales in July (units)	1162	3	6	1171
Proportion of July %	99.23	0.256	0.512	100.0
Total sales from Jan to Jul (units)	6286	6	34	6326
Proportion from Jan to July %	99.37	0.095	0.5375	100.0

Whether in July this year or from January to July, SAIC Maxus and Yutong were both the champions and runners-up in the RV industry.

Rank in July	Company	Sales in July (units)	YOY growth in July %	Proportion of July %	Sales from Jan to Jul (units)	YOY growth from Jan to Jul %	Proportion from Jan to Jul %
1	SAIC MAXUS	234	6.0	19.98	916	18.0	14.48
2	Yutong	145	-11.0	12.38	585	-17.0	9.25
3	Zhejiang Daide Longcui Auto	84	-1.0	7.17	366	39.0	5.79
4	Hebei Livezone Special Vehicle	61	56.0	5.21	337	111.0	5.33
5	Chery REV Special Vehicle	39	-40.0	3.33	205	16.0	3.24
6	Chongqing Jinguan	39	39.0	3.33	116	8.0	1.83
7	Shandong Kama	32	Net growth	2.73	138	Net growth	2.18
8	Henan Xinfei	29	-22.0	2.48	136	-24.0	2.15
9	Shandong Juvatuo	29	53.0	2.48	104	49.0	1.64
10	Hubei Qixing	29	7.0	2.48	224	136.0	3.54
	Industry	1171	-18.0	100.0	6326	-13.0	100.0

Rank of the top 10 cities for RV sales in July and January-July 2022:

Rank in July	City	Sales in July (units)	Proportion of July %	Sales from Jan to Jul (units)	Proportion from Jan to July %	Rank from Jan to July
1	Changzhou	67	5.72	214	3.38	3
2	Weihai	56	5.12	224	3.54	2
3	Beijing	51	4.36	246	3.89	1
4	Chengdu	47	4.01	189	2.99	4
5	Zhengzhou	46	3.93	169	2.67	5
6	Suzhou	43	3.67	214	3.38	3
7	Nanjing	29	2.48	159	2.51	6
8	Quzhou	27	2.31	95	1.50	15
9	Shanghai	27	2.31	154	2.43	7
10	Shenyang	25	2.13	129	2.04	13
	China	1171	100.0	6326	100.0