From 2013 to 2023, the value per capita of the motorcycle market with spark ignition engines of 50-250 cc in Senegal showed a declining trend, decreasing from $1.42 in 2013 to $0.69 in 2023. Between 2022 and 2023, there was a noticeable decline of approximately 6.76%, in line with the preceding year's modest contraction of 1.33%. The five-year compound annual growth rate (CAGR) indicates a downward trend of approximately 5.45% annually.
Future trends to watch for include potential market stabilization or growth opportunities driven by evolving consumer preferences, economic recovery, or policy shifts towards promoting affordable transportation solutions in urban and rural areas.
