The Spanish market for motorcycles with a spark ignition engine of less than 50 cc has seen a declining trend over the past decade, with the value per capita decreasing from $1.97 in 2013 to $1.2 in 2023. Despite a minor resurgence in 2020, the overall year-on-year decline averaged 3.2% in the past two years. The compound annual growth rate (CAGR) over the last five years registered at approximately -2.3%, indicating a diminishing market size.
Future trends to watch for include:
- Shifts towards electric motorbikes as environmental concerns rise.
- Potential regulatory changes affecting emission standards.
- Increasing interest in shared mobility solutions impacting ownership rates.
