The Motorcycles Market Size Value Per Capita in Kenya has shown a steady increase from 2012 to 2022, with only minor fluctuations. The value rose from 7.79 USD per capita in 2012 to 13.49 USD per capita in 2022. Particularly, significant growth was seen between 2016 and 2019. The market experienced a slight dip in 2020, a rebound in 2021, and reached its highest point in 2022. However, year-on-year variations reveal a mixed trend: a negative growth of -0.9% from 2020 to 2021, followed by a robust growth of 8.3% from 2021 to 2022. Over the last five years, the Compound Annual Growth Rate (CAGR) is approximately 3.9%.
Future trends to watch for include potential impacts from economic shifts, regulatory changes, and technological advancements. Additionally, increasing urbanization and the corresponding need for efficient transportation could drive continued market growth. Monitoring consumer preferences and environmental factors will be crucial in anticipating future market dynamics.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 145.39 | 2023 | View data | ||
| 2 | 2 Germany | 126.24 | 2023 | View data | ||
| 3 | 3 New Zealand | 104.85 | 2023 | View data | ||
| 4 | 4 Italy | 103.67 | 2023 | View data | ||
| 5 | 5 France | 78.63 | 2023 | View data | ||
| 8 | 8 Canada | 48.34 | 2023 | View data | ||
| 9 | 9 United Kingdom | 46.82 | 2023 | View data | ||
| 10 | 10 Kenya | 14.4 | 2023 | |||
| 11 | 11 Uganda | 8.02 | 2023 | View data | ||
| 12 | 12 Ethiopia | 1.94 | 2023 | View data | ||
