KATHMANDU: Nepal’s motorcycle market made a strong comeback in 2024 after witnessing a consistent drop in sales since the COVID-19 pandemic.
Customs data shows motorcycle imports soared by 140.7% to 87,744 units in 2024. The country had imported only 36,454 units in 2023.
The rise in motorcycle imports is mainly due to a gradual improvement in economic activity in recent years following a slow period of post-COVID recovery.
The upward trend has continued in 2025, with 20,058 units imported in just the first two months, averaging 10,028 units per month, up from 7,312 units in 2024 and 3,037 units in 2023.
Bajaj Leads the Market
Motorcycles from over two dozen brands are available in the Nepali market. However, Bajaj has remained the undisputed leader in recent years. Bajaj captured 31.18% of the market with 27,360 units imported in 2024.
There is a significant gap between Bajaj and other brands. Hero, for example, came in second with 14,115 units imported, followed by TVS with 11,954 units, Yamaha with 10,841 units, and Honda with 10,066 units.
Royal Enfield, a premium mid-size brand, secured the sixth spot in Nepal’s motorcycle market with 9,903 units imported, followed by KTM with 1,710 units. Smaller brands like CF Moto, Suzuki and Raptor accounted for the remaining imports.
Bajaj has continued its dominance in 2025, with Hero, Yamaha, and Honda following closely behind. Premium brands like Royal Enfield and KTM continue to carve out their niche in the growing market.