Between 2013 and 2023, the motorcycle market (50-250 cc) in Mauritius experienced moderate fluctuations in per capita value. In 2020, there was a significant decline, possibly due to economic impacts from global events. A recovery trend was visible from 2021, with values stabilizing around $13.63 in 2023. Year-on-year change from 2022 to 2023 was nearly flat, suggesting a stabilization trend. The five-year compound annual growth rate (CAGR) indicated a slight negative growth, reflecting market challenges.
Future trends to watch for:
- Potential market expansion with the increase in eco-friendly models.
- Influence of economic recovery on consumer spending habits.
- Regulatory changes impacting small-engine vehicles.
