In 2023, Italy dominated the European production share of motorcycle parts and accessories at 69.59%, showcasing a significant 17.43% year-on-year increase. Germany followed but experienced a decline of 7.88%. Meanwhile, Spain, the United Kingdom, and France demonstrated moderate growth, with Spain leading this group at 2.44%. Portugal and Denmark also showed positive trends, although with smaller market sizes.
Future trends to watch include:
- Italy's continued expansion, likely due to increased production capabilities and market demand.
- The potential rebound of Germany’s production, capitalizing on technological advancements.
- Adapting to regulatory changes and sustainability pressures in the EU, potentially reshaping the market landscape.
Top countries in Sold Production of Parts and Accessories of Motorcycles and Side-Cars Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 69.59 | 2023 | +3.41% | +17.43% | View data |
| 2 | 2 Germany | 13.91 | 2023 | +1.62% | -7.88% | View data |
| 3 | 3 Spain | 4.65 | 2023 | +0.57% | +2.44% | View data |
| 4 | 4 United Kingdom | 2.31 | 2023 | -2.98% | -3.76% | View data |
| 5 | 5 France | 1.75 | 2023 | -2.05% | +1.77% | View data |
| 6 | 6 Portugal | 1.15 | 2023 | +1.69% | +3.07% | View data |
| 7 | 7 Czechia | 1.12 | 2023 | |||
| 8 | 8 Denmark | 1.1 | 2023 | +2.35% | +4.16% | View data |
| 9 | 9 Hungary | 0.16 | 2023 | +3.06% | -1.52% | View data |
| 10 | 10 Croatia | 0.019 | 2023 | +1.59% | -0.031% | View data |
