The Motorcycle Parts (Except Saddles) Market in South Africa has shown a consistent decline in value per capita, decreasing from $1.27 in 2013 to $0.44 in 2023. This reflects a negative year-on-year variation, with notable declines over the past two years: -13.3% in 2022 and -15% in 2023. Over the last five years, the CAGR was approximately -10.8%, indicating a significant contraction over the period.
Looking forward, key trends to watch include:
- The impact of economic recovery efforts post-2023 on discretionary spending, potentially offsetting some declines.
- Technological advancements in motorcycle parts and increasing adoption of electric motorcycles could influence market dynamics.
- Shifts in consumer preferences and regulatory changes, impacting demand for specific parts.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.03 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.02 | 2023 | View data | ||
| 3 | 3 France | 18.79 | 2023 | View data | ||
| 4 | 4 Australia | 12.98 | 2023 | View data | ||
| 5 | 5 Belgium | 12.27 | 2023 | View data | ||
| 21 | 21 Burundi | 0.81 | 2023 | View data | ||
| 22 | 22 Namibia | 0.56 | 2023 | View data | ||
| 23 | 23 South Africa | 0.44 | 2023 | |||
