Recreational vehicles (RV) , as a niche market in the special vehicle industry, has been developing in China for nearly 20 years, and has been highly valued by the country.

In recent years, the RV market has developed rapidly. However, due to the impact of the epidemic, the growth rate of China's RVs has slowed down after the rapid growth in 2021.

According to the registration data provided by the China Automobile Dealers Association, the actual sales of RVs in China in November 2022 was 819 units, an increase of 4% from the 787 units in October, but a decrease of 18% from the 1,003 units in November 2021. A total of 10,382 units RVs were sold, a year-on-year decrease of 9%, which is mainly due to the impact of the recent epidemic.

Year-on-year and month-on-month statistics of RV sales in each month from January to November 2022

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov
Monthly sales in 2022	1276	380	769	569	843	1318	1171	1292	1158	787	819
Monthly sales in 2021	935	411	720	1266	1013	1487	1429	937	1302	962	1003
YOY growth	36.5	-7.5	6.8	-55.1	-16.8	-11.4	-18	38	-11	-18	-18

The sales volume of RVs in November was 819 units, ranking seventh in the monthly sales volume from January to November in 2022, with a year-on-year decrease of 18%. According to analysis, the main reasons are:

First, the epidemic situation got serious in November 2022, and "silence" or control appeared in many places, which affected the tourism market.

The second is that the PMI value of China's manufacturing industry in November 2022 was only 48%, and the market "prosperity" is one of the worst months in the second half of 2022.

According to the data of China Automobile Dealers Association, the sales volume and year-on-year statistics of RV in November and January-November 2022:

	2018	2019	2020	2021	2022
Sales in Nov	561	641	745	1003	819
YOY growth in Nov	30	14	16	35	-18
Sales from Jan to Nov	6772	8378	7821	11465	10382
YOY growth from Jan to Nov	68	24	-7	47	-9

Sales volume and proportion of various RVs in November and January-November 2022

 

 

According to the terminal registration data, according to the length segment, the sales structure statistics of the RV market in November 2022 and January-November:

 

 

It can be seen from the above chart that whether it is November 2022 or January-November, models with a length below 6 meters account for more than 90%, and occupy the absolute main body of the RV market. It shows that the main demand in the current RV market is the model with a length below 6 meters. According to research and analysis, the main reason is that models below 6 meters can achieve better driving safety and driver’s license versatility. At the same time, the cost of using small RVs is relatively low, and they are more suitable for family travel.

According to the terminal registration data, the sales ranking of RV companies in November and January-November 2022 (excluding chassis):

Rank in Nov	Company	Sales in Nov	YOY growth in Nov	Sales from Jan to Nov	Rank from Jan to Nov
1	SAIC Maxus	257	-34	3525	1
2	Nanjing Auto	228	-28	3319	2
3	JMC	134	6	1546	3
4	Baiqi Foton	39	105	275	5
5	Great Wall	25	-50	481	4
6	Jiangxi Isuzu	25	150	157	8
7	Sinotruk Ji’nan Commercial Vehicle	21	320	147	9
8	Qingling	17	467	158	7
9	Hyundai Auto	12	Net growth	58	12
10	Zhengzhou Richan	11	22	74	11
	Total	819	-18	10382