Over the last decade, the Bicycles and Motorcycles Parts and Accessories market size value per capita in Belgium experienced fluctuations, peaking at $41.14 in 2014 and declining to $32.84 in 2023. Notably, the market decreased by 1.3% from 2022 to 2023. The compound annual growth rate (CAGR) over the past five years, from 2018 to 2023, indicated a slight downward trend at -1.3% annually.
Future trends to watch for in this market include:
- Technological advancements in bicycle and motorcycle accessories.
- Growth in sustainable and electric mobility options influencing demand.
- Impact of economic factors on consumer spending in 2024 and beyond.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 80.88 | 2023 | View data | ||
| 2 | 2 Italy | 73.33 | 2023 | View data | ||
| 3 | 3 Denmark | 57.35 | 2023 | View data | ||
| 4 | 4 France | 52.93 | 2023 | View data | ||
| 5 | 5 Spain | 49.26 | 2023 | View data | ||
| 9 | 9 Iceland | 39.29 | 2023 | View data | ||
| 10 | 10 New Zealand | 36.62 | 2023 | View data | ||
| 11 | 11 Belgium | 32.84 | 2023 | |||
| 12 | 12 United Kingdom | 29.26 | 2023 | View data | ||
| 13 | 13 Australia | 27.65 | 2023 | View data | ||
