The next time someone says motorcycle riders are outcasts and not contributing to the economy, tell them to read this story.
In fact, motorcycle riders are vital contributors to the economy, according to a new UK report and Australian industry figures.
A UK Motorcycle Industry Association report has revealed some startling statistics to show the economic worth of their industry, an initiative supported by Australian motorcycle industry leaders.
The UK report says motorcycles sales deliver £5.3 billion a year to the economy while the industry generates “added value” of more than £2 billion, directly employs 58,500 people in 5700 businesses, pays over £1 billion in tax, and exports around £450 million a year, up 12% since 2008.
By “added value” they mean things like motorcycle tourism and the hospitality industry. Australian Motorcycle Council chairman Shan Lennard says the weekend ride to the country for a coffee and burger contributes much to small regional communities that many other motorists and tourists don’t visit.
The UK report also says the industry employs more people and is worth more to their economy than the agriculture, forestry and fishing industries combined.
Federal Chamber of Automotive Industries motorcycle spokesman Rhys Griffiths says that while they don’t have a similar report, he believes our motorcycle industry would also be a vital contributor to the national economy, even without a manufacturing component like in the UK.
“When I was at Honda (four years ago) Australia, per capita, was the largest off-road market in the world,” he says. “Overall, per capita Australia bats well above USA, Canada UK and Europe. One reason is we can ride all year round.”