The forecast for new registrations of mopeds in Spain from 2024 to 2028 shows a consistent upward trend, with values increasing from 22.81 thousand in 2024 to 24.32 thousand by 2028. In 2023, the actual number of registrations stood at 22.43 thousand. The year-on-year percentage variations from 2024 to 2028 indicate a steady growth pattern: 1.71% from 2024 to 2025, 1.64% from 2025 to 2026, 1.57% from 2026 to 2027, and 1.54% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years stands at approximately 1.61%, reflecting a modest but steady increase in moped registrations.
Future trends to watch for:
- Technological advancements in moped design and efficiency could further boost registrations.
- Policy changes or subsidies aimed at reducing carbon emissions might encourage more consumers to turn to mopeds.
- Watch for the impact of urbanization and evolving city transport infrastructure on moped use.
