In 2023, Italy led the European export of motorcycles over 50 cm³ with a significant 23.13% share, followed by Belgium at 16.87% and Austria at 16.06%. Notably, Belgium experienced substantial growth in its share with a 16.53% year-on-year variation, while Spain recorded a remarkable 17.65% increase. Malta's exports surged by 240.02%, albeit from a low base. Key players like Germany and France maintained steady growth, while the UK saw a notable increase of 12.67%. Conversely, Latvia experienced a decline of 3.87%.
Looking ahead, the market is expected to benefit from advancements in sustainable motorcycle technologies, stimulating demand in countries focused on reducing carbon emissions. The shift towards electric bikes could impact the growth trajectory of traditional internal combustion engines across Europe.
Top countries in Export of Motorcycles with Reciprocating Internal Combustion Piston Engine More than 50 cm³ Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23.13 | 2023 | +2.38% | +4.92% | View data |
| 2 | 2 Belgium | 16.87 | 2023 | +5.11% | +16.53% | View data |
| 3 | 3 Austria | 16.06 | 2023 | +2.44% | +3.21% | View data |
| 4 | 4 Germany | 12.88 | 2023 | +2.5% | +4.18% | View data |
| 5 | 5 France | 8.76 | 2023 | +9.32% | +4.78% | View data |
| 6 | 6 Netherlands | 6.63 | 2023 | -2.15% | +1.48% | View data |
| 7 | 7 United Kingdom | 5.94 | 2023 | +3.54% | +12.67% | View data |
| 8 | 8 Spain | 5.37 | 2023 | +14.2% | +17.65% | View data |
| 9 | 9 Malta | 1.19 | 2023 | +85.62% | +240.02% | View data |
| 10 | 10 Luxembourg | 0.73 | 2023 | +6.33% | +9.15% | View data |