Forecast: Number of Petrol Motorcycles in Turkey

The number of petrol motorcycles in Turkey stood at 2.7839 million in 2023. The trend from 2013 to 2023 shows consistent growth, with variations such as a 5.56% increase in 2014 diminishing gradually to a 1.20% increase in 2023. Notably, the Compound Annual Growth Rate (CAGR) has also been reducing, from 3.99% over the five years leading up to 2018, down to 1.14% by 2023. Looking ahead, the forecast indicates a more modest growth rate, with a forecasted 5-year CAGR of 0.86%, leading to a predicted total of 2.9396 million motorcycles by 2028.

Key future trends to monitor include:

  • The impact of emerging electric motorcycles on the petrol motorcycle market.
  • Government regulations and incentives aimed at reducing carbon emissions.
  • Changing consumer preferences towards sustainable and eco-friendly transport options.
  • Technological advancements in motorcycle fuel efficiency.

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