Between 2012 and 2022, the motorcycles market size value per capita in Austria showed a generally upward trend with notable fluctuations. In 2012, the value stood at 77.76 before peaking at 141.5 in 2022. Significant increases occurred in 2017 and 2019 with values reaching 115.16 and 134.31 respectively, suggesting periods of rapid market expansion. The market experienced some volatility, evidenced by a decline in 2015 and 2020. However, the overall growth indicates a robust market.
From 2022 to 2023, the market size value per capita is expected to see a slight increase. The year-on-year variation from 2021 to 2022 reveals a notable growth of approximately 8.3%. Over the past two years, the market has seen an average annual increase of around 13.3%. The Compound Annual Growth Rate (CAGR) over the last five years is about 5.7%.
Looking ahead, trends to watch for include the increasing popularity of electric motorcycles, advancements in motorcycle technology, and potential regulatory changes aimed at reducing emissions. As these factors converge, they could further shape the growth and direction of the motorcycle market in Austria.
How does Austria rank in Motorcycles Market Size Value Per Capita?
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 145.39 | 2023 | |||
| 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 | ||
