The New Zealand market for motorcycles with spark ignition engines over 800 cc reached a size value of 163.6 million USD in 2023. Observing the trend over the last decade, the market showed steady growth, except for a noticeable drop in 2020, likely influenced by global events impacting consumer spending. The year-on-year growth for 2022 and 2023 indicates a positive recovery with growth rates of 6.53% and 1.17%, respectively. Over the last five years, the market experienced a modest average CAGR of 1.27%.
Future trends to watch for include:
- Continued recovery and market expansion post-disruption.
- Emergence of new consumer preferences toward eco-friendlier models.
- Potential technological advancements enhancing product offerings.
How does New Zealand rank in Motorcycles (With Spark Ignition Engine of More than 800 Cc) Market Size Value?
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 10,244,000,000 | 2023 | +0.44% | +0.095% | View data |
| 2 | 2 Japan | 4,741,600,000 | 2023 | -0.82% | -1.27% | View data |
| 3 | 3 France | 3,038,800,000 | 2023 | +2% | +1.4% | View data |
| 4 | 4 Italy | 2,255,800,000 | 2023 | +1.79% | +1.66% | View data |
| 5 | 5 United Kingdom | 2,030,100,000 | 2023 | +1.36% | +0.86% | View data |
| 8 | 8 Austria | 311,610,000 | 2023 | +1.9% | +1.18% | View data |
| 9 | 9 Sweden | 178,390,000 | 2023 | +0.81% | -0.63% | View data |
| 10 | 10 New Zealand | 163,600,000 | 2023 | +1.17% | +1.27% | |
| 11 | 11 Norway | 152,710,000 | 2023 | +4.53% | -0.43% | View data |
| 12 | 12 Chile | 109,760,000 | 2023 | +1.71% | +1.99% | View data |
