In 2024, Italy led with 22 high growth enterprises in the retail, maintenance, and repair of motorcycle parts, slightly down from 2023. Portugal followed with 18, showing a positive growth trend. Hungary experienced the highest growth at 31.95%, reaching 16 enterprises. The Czech Republic and Romania also saw growth with 8 and 5 enterprises respectively, while Lithuania, Latvia, and Norway remained unchanged. Slovakia experienced significant fluctuation, with numbers dropping dramatically.
Future trends to watch include:
- The impact of economic policies on enterprise growth in larger markets like Italy and Portugal.
- Continued growth in Hungary, possibly influencing neighboring countries.
- The stabilization of markets like Slovakia, where recent fluctuations might affect strategic planning.
- Innovations in the motorcycle industry that may lead to new growth opportunities across Europe.
Top countries in Number of High Growth Enterprises in Retail, Maintenance and Repair of Motorcycles Parts by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22 | 2023 | +15.79% | -3.29% | View data |
| 2 | 2 Portugal | 18 | 2023 | +20% | +3.71% | View data |
| 3 | 3 Hungary | 16 | 2023 | +23.08% | +31.95% | View data |
| 4 | 4 Czech Republic | 8 | 2023 | +14.29% | +9.86% | View data |
| 5 | 5 Romania | 5 | 2023 | 0% | +10.76% | View data |
| 6 | 6 Lithuania | 2 | 2023 | 0% | 0% | View data |
| 7 | 7 Latvia | 1 | 2023 | 0% | 0% | View data |
| 8 | 8 Norway | 1 | 2023 | 0% | View data | |
| 9 | 9 Slovakia | 1 | 2023 | -100% | -100% | View data |
