The new registrations of motorcycles in Sweden experienced fluctuations from 2013 to 2023, starting with a decline in 2013 and 2014, followed by an increase in 2015 and a significant jump in 2016. However, 2017 saw a sharp drop, and while there were minor changes between 2018 and 2020, the trend has mostly been downward from 2020 onwards. By 2023, the registrations stood at 12.21 thousand units, reflecting a slight year-on-year decline of 1.25%. The 5-year CAGR up to 2023 shows a minor annual average decrease of 0.73%.
Looking ahead, forecasted data suggest a continuous decline in new motorcycle registrations from 2024 to 2028, with a forecasted 5-year CAGR of -1.08%. The total projected 5-year growth shows a reduction of 5.27% by 2028.
Future trends to watch for include the impact of economic conditions on consumer purchasing power, potential increases in environmental regulations affecting vehicle registrations, the growing popularity of electric motorcycles, and innovations in motorcycle safety and technology that could influence market demand.
