In 2023, the new registrations of petrol motorcycles in France stood at 180.45 thousand units. What follows is a series of forecasted data for 2024 to 2028 showing consistent year-on-year growth. Specifically, the registrations are expected to increase to 180.88 thousand in 2024, 181.33 thousand in 2025, 181.77 thousand in 2026, 182.2 thousand in 2027, and 182.62 thousand in 2028. These values indicate a steady upward trend over the forecast period.
The year-on-year variation percentage is minimal, displaying stable increments. From 2023 to 2024, the increase is approximately 0.24%, followed by roughly 0.25% from 2024 to 2025, 0.24% from 2025 to 2026, 0.24% from 2026 to 2027, and 0.23% from 2027 to 2028. The average Compound Annual Growth Rate (CAGR) over the last five years is about 0.24%, suggesting modest but consistent growth.
Future trends to watch for:
- The evolution of government regulations regarding emissions, which could impact the market for petrol motorcycles.
- The increasing popularity and technological advancements in electric motorcycles, which may pose a competitive threat to petrol motorcycle sales.
- Economic conditions and consumer purchasing power, influencing overall demand for motorcycles.
