The re-import of motorcycles with other than a spark ignition engine to the UK is forecasted to grow steadily from 2024 to 2028, in thousand kilograms. In 2023, the volume of re-imports stood at a lower level than the forecasted 2024 figure of 1.86, marking the beginning of a positive trend. The year-on-year variation indicates a consistent annual growth rate, with volume increasing by 2.15% in 2025, 2.63% in 2026, 2.05% in 2027, and 2.01% in 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected to average 2.21%.
Future trends to watch for include:
- The potential impact of regulatory changes on non-spark ignition engines.
- The evolution of consumer preferences towards sustainable and alternative energy vehicles.
- Advancements in technology that may influence product demand and supply chains.