The share of motorcycles in total road motor vehicles in Chile stood at 3.45% in 2023. This data shows a gradual decline from 3.56% in 2013 to 3.41% in 2020, followed by a slight increase to 3.48% in 2026. The year-on-year variation from 2022 to 2023 is 0.29%, reflecting a marginal upward trend. The Compound Annual Growth Rate (CAGR) forecast over the next five years is 0.14%, with an overall five-year growth rate of 0.68%.
Future trends to watch for include:
• Increasing adoption of electric motorcycles amid rising environmental concerns.
• Potential impact of economic factors on vehicle market dynamics.
• Technological advancements enhancing motorcycle safety and appeal.
