The Motorcycle Parts market (except saddles) in Peru showed a gradual increase in per capita value from 2013 to 2019, peaking in 2019 at USD 7.20. In 2020, there was a noticeable dip of 16% to USD 6.05, likely due to the economic upheaval caused by global events. However, a strong recovery followed, with values rising to USD 7.82 by 2023. The year-on-year growth contrasts sharply, especially in post-2020, with a significant rise of 9.2% by 2023. The average annual growth rate (CAGR) over the past five years stood at approximately 5.1%. This marks a resilient recovery and positive trend.
Going forward, trends to watch for include:
- Potential impacts of changing economic conditions and consumer spending patterns.
- The influence of governmental policies related to environmental standards.
- Technological advancements leading to parts efficiency and sustainability.
- Increased demand for motorcycles as a cost-effective transportation solution.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.03 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.02 | 2023 | View data | ||
| 3 | 3 France | 18.79 | 2023 | View data | ||
| 4 | 4 Australia | 12.98 | 2023 | View data | ||
| 5 | 5 Belgium | 12.27 | 2023 | View data | ||
| 11 | 11 Sweden | 8.64 | 2023 | View data | ||
| 12 | 12 Finland | 8.45 | 2023 | View data | ||
| 13 | 13 Peru | 7.82 | 2023 | |||
| 14 | 14 Costa Rica | 6.17 | 2023 | View data | ||
| 15 | 15 Guatemala | 5.22 | 2023 | View data | ||
