From 2013 to 2023, the per capita market size value of motorcycles with spark ignition engines of 50-250 cc in Norway increased from $6.28 to $8.71. The market experienced notable fluctuations, with 2017 and 2019 showing significant growth, whereas 2020 saw a decline. By 2023, the market stood at $8.71 per capita, marking a positive trend. The average annual growth rate (CAGR) over the last five years was strong, indicating sustained interest.
Future trends to watch for include the increasing adoption of electric motorcycles and stricter environmental regulations, which may influence market dynamics and consumer preferences.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 17.65 | 2023 | View data | ||
| 2 | 2 Japan | 16.05 | 2023 | View data | ||
| 3 | 3 New Zealand | 13.89 | 2023 | View data | ||
| 4 | 4 Italy | 13.79 | 2023 | View data | ||
| 5 | 5 Switzerland | 12.62 | 2023 | View data | ||
| 6 | 6 Norway | 8.71 | 2023 | |||
| 7 | 7 Uganda | 7.98 | 2023 | View data | ||
| 8 | 8 China | 7.71 | 2023 | View data | ||
