The forecast for the number of mopeds in Turkey shows a declining trend from 2024 to 2028. In 2024, the number is expected to be 539.57 thousand. This number steadily decreases each year to reach 532.53 thousand by 2028. Compared to the actual figures from 2023, indicating a decline and reflecting a downward trend in the market.
Year-on-year variations indicate a consistent decline in the number of mopeds:
- 2024-2025: -0.3%
- 2025-2026: -0.3%
- 2026-2027: -0.3%
- 2027-2028: -0.3%
The Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028 is approximately -0.34%, indicating a steady but moderate decline in moped numbers each year.
Future trends to watch for:
Factors such as changes in government policies, the rise of alternative transportation modes like electric scooters and public transportation improvements, and shifts in consumer preferences towards more environmentally friendly options may further impact the moped market in Turkey. Monitoring these trends will be crucial for understanding the long-term dynamics in this sector.
