The New Zealand motorcycles market has shown a steady increase in market size value from 2013 to 2023, with the value standing at $529.82 million in 2023. Over the past decade, the market witnessed fluctuating growth rates, with notable growth spurts in 2017 and 2018. Year-on-year growth for 2022 and 2023 was 3.4% and 3.26%, respectively. The compound annual growth rate (CAGR) for the 2019-2023 period stands at 2.12%, indicating a moderate yet consistent expansion.
Future trends to watch for include the rising demand for electric motorcycles, driven by increasing environmental awareness, and advancements in motorcycle technology, such as connectivity features and autonomous riding aids. Additionally, regulatory changes and economic factors will continue to shape market dynamics.
| # | 15 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,469,400,000 | 2023 | +3.95% | +6.61% | View data |
| 2 | 2 Italy | 5,294,200,000 | 2023 | -1.59% | -0.74% | View data |
| 3 | 3 France | 4,765,200,000 | 2023 | -10.74% | -6.61% | View data |
| 4 | 4 United Kingdom | 3,144,100,000 | 2023 | -0.48% | -1.07% | View data |
| 5 | 5 Canada | 1,822,400,000 | 2023 | -0.11% | -1.67% | View data |
| 8 | 8 Sweden | 676,410,000 | 2023 | +2.81% | +3.71% | View data |
| 9 | 9 Israel | 585,200,000 | 2023 | +8.96% | +4.2% | View data |
| 10 | 10 New Zealand | 529,820,000 | 2023 | +3.26% | +2.12% | |
| 11 | 11 Uganda | 444,740,000 | 2023 | +7.21% | +9.75% | View data |
| 12 | 12 Ethiopia | 220,050,000 | 2023 | +1.97% | +2.26% | View data |
