In 2023, the import of motorcycles with other than a spark ignition engine to the US stood at a lower value compared to the forecasted 2024 figure of 2.8205 million. The forecasted data suggest a steady increase each year, with the import value escalating from 2.8205 million in 2024 to 3.3293 million by 2028.
The year-on-year percentage increase is approximately 4.61% from 2024 to 2025, 4.34% from 2025 to 2026, 4.08% from 2026 to 2027, and 3.84% from 2027 to 2028. The compound annual growth rate (CAGR) for the 2024-2028 period is around 4.22%, indicating a consistent upward trend over these five years.
Future trends to watch for include technological advancements in electric motorcycles, shifts in consumer preferences towards sustainable transportation, and potential trade regulations impacting import volumes. These factors could significantly influence future import values and industry dynamics.
