As of 2023, the US imported motorcycles valued at approximately 2.75 billion USD. The forecast from 2024 to 2028 indicates a steady increase in import value year-on-year: 1.41% from 2024 to 2025, 1.40% from 2025 to 2026, 1.35% from 2026 to 2027, and 1.31% from 2027 to 2028. The compound annual growth rate (CAGR) is approximately 1.36% from 2024 to 2028, reflecting a moderate yet consistent upward trend over the five-year period.
Future trends to watch for:
- Potential shifts in consumer preferences towards electric motorcycles may impact import dynamics.
- Trade policies and tariffs could influence import values and volumes.
- Technological advancements and innovations in motorcycle manufacturing.