The new registrations of motorcycles in Turkey have shown a declining trend from 2013 to 2023, decreasing from 184.86 thousand units to 102.5 thousand units. This represents a significant drop with a year-on-year variation ranging from -0.33% to -21.01% at its peak in 2018. The most recent year-on-year change from 2022 to 2023 was a decrease of 3.1%. The 5-year CAGR from 2019 to 2023 was -1.47%, indicating a consistent downturn.

Forecasted data from 2024 to 2028 suggest a further decline, with the annual units expected to reduce to 85.04 thousand by 2028, representing a 5-year CAGR of -2.9% and an overall forecasted decline of -13.67% over this period.

Future trends to watch for:

Potential shifts in consumer behavior towards alternative modes of transportation.
Impact of governmental regulations promoting environmentally-friendly vehicles.
Economic factors that might influence the spending power of consumers.