In 2023, European sold production of motorcycles varied significantly by country. Germany led the market with 1.5583 million items, followed by the Netherlands with 0.821 million items, marking a strong year-on-year increase of 28.4% and 27.14% respectively. Italy experienced a decline of 7.89%, reaching 0.50943 million items. Other countries like Hungary, Bulgaria, and Austria maintained stable production levels, while France saw a modest increase of 2.31%. Notably, Estonia and the United Kingdom showed significant growth, with a staggering 348.43% and 51.25% increase respectively, although from a smaller base. Meanwhile, the production in countries like Portugal and Belgium remained constant.
Future trends to watch in the European motorcycle market include the impact of technological advancements and environmental regulations. As electric motorcycles gain popularity, countries with strong innovation ecosystems like Germany and the Netherlands are likely to see continued growth. Furthermore, the market dynamics could change with evolving consumer preferences and the adoption of sustainable practices, potentially influencing production trends across Europe.
Top countries in Sold Production of Motorcycles by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,558,300 | 2023 | +17.07% | +28.4% | View data |
| 2 | 2 Netherlands | 821,000 | 2023 | +13.95% | +27.14% | View data |
| 3 | 3 Italy | 509,430 | 2023 | -8.17% | -7.89% | View data |
| 4 | 4 Hungary | 282,130 | 2023 | +7.47% | View data | |
| 5 | 5 France | 226,380 | 2023 | +2.72% | +2.31% | View data |
| 6 | 6 Bulgaria | 156,940 | 2023 | +7.47% | View data | |
| 7 | 7 Czechia | 44,530 | 2023 | |||
| 8 | 8 Lithuania | 39,550 | 2023 | +6.48% | +13.79% | View data |
| 9 | 9 Austria | 35,510 | 2023 | +12.5% | View data | |
| 10 | 10 Spain | 21,760 | 2021 | +57.13% | +13.62% | View data |