The motorcycle turnover in Finland has displayed relative stability from 2013 to 2023, with fluctuations mainly occurring around key years. In 2013 and 2014, the turnover held steady at 100.0 thousand euros. The significant increase to 200.0 thousand euros in 2015 was sustained through 2019, albeit with a sharp dip to 100.0 thousand euros in 2020. This decline was followed by a quick rebound to 200.0 thousand euros in 2021, maintaining this level through 2023. For 2023, the turnover stood at 200.0 thousand euros.
Year-on-year variations and the Compound Annual Growth Rate (CAGR) illustrate some volatility:
- 2014: No change, CAGR of 0.
- 2015: 100% increase, denoting a substantial spike.
- 2017-2019: No year-on-year growth, with a CAGR of 14.87% through 2018 and 2019.
- 2020: A sharp 50% decrease, with a negative CAGR of 12.94%.
- 2021: Recovered with a 100% increase, returning to the previous level.
- 2022-2023: No change, with a CAGR of 0.
Looking forward, the forecast indicates a growth in turnover to 300.0 thousand euros from 2024 onwards. Future trends to watch include the potential impacts of new models, technological advancements in electric motorcycles, and changing consumer preferences towards sustainable transportation options which may influence surge or stability in market turnover.
