The Motorcycle Parts and Accessories market value per capita in Namibia has seen fluctuations between 2013 and 2023, starting at $0.9 in 2013 and decreasing to $0.56 by 2023. The most significant year-on-year decline occurred between 2019 and 2020, with a drop from $0.65 to $0.52. Over the last two years, the market experienced a temporary rebound but maintained a downward trend, with a year-on-year decrease of 5.08% from 2022 to 2023. The market's five-year CAGR indicates a decline, averaging a 2.57% decrease each year.
Future trends to watch for include:
- The potential impact of increased disposable income on demand for motorcycle accessories.
- Government regulations affecting imports of motorcycle parts.
- The influence of global supply chain disruptions on market stability.
- Growth in demand for eco-friendly motorcycle components.
| # | 12 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 19.55 | 2023 | View data | ||
| 2 | 2 France | 19.06 | 2023 | View data | ||
| 3 | 3 New Zealand | 12.68 | 2023 | View data | ||
| 4 | 4 Norway | 11.54 | 2023 | View data | ||
| 5 | 5 United Kingdom | 9.98 | 2023 | View data | ||
| 9 | 9 Croatia | 2.53 | 2023 | View data | ||
| 10 | 10 Mauritius | 1.57 | 2023 | View data | ||
| 11 | 11 Namibia | 0.56 | 2023 | |||
| 12 | 12 South Africa | 0.46 | 2023 | View data | ||
