The forecasted import volume of motorcycles with reciprocating internal combustion piston engine of a cylinder capacity between 50-250 CC to the US shows a declining trend from 2024 to 2028. In 2023, the actual import value stood at 14.52 million kilograms. Year-on-year, we anticipate a decrease of approximately 10.77% in 2025, 11.83% in 2026, 13.19% in 2027, and 14.87% in 2028. The compounded annual growth rate (CAGR) for the forecast period indicates an average annual decline of 10.89%.
Future trends to observe include:
- Shifts in consumer preference towards electric motorcycles could influence further declines.
- Economic factors and policy changes affecting import tariffs or environmental regulations could impact imports.
- Advances in alternative transportation modes may reduce the demand for smaller engine capacity motorcycles.
