The market size value per capita for motorcycles with spark ignition engines of 500-800 cc in New Zealand saw fluctuations from 2013 to 2023, peaking in 2014 and experiencing a low in 2020. As of 2023, the value stands at $9.68, showing a modest recovery from 2020. Year-on-year analysis indicates a steady rise of 0.21% from 2022 to 2023. Over the past two years, the compound annual growth rate (CAGR) indicates a growth rate of approximately 2.56% annually from 2019 to 2023.
Future trends to watch for include increasing demand as electric motorcycles become more accessible and regulatory factors potentially driving a shift towards sustainable mobility solutions.
