The bicycles and motorcycles parts and accessories market size per capita in Norway has shown considerable fluctuations from 2013 to 2023. Starting at a value of US$64.39 in 2013, there was a general decline, reaching US$47.77 in 2023, marking a consistent drop for the last three years. Notably, the market saw a significant dip between 2014 and 2015, followed by minor year-on-year variations. The last two years recorded a near 2.6% annual decline. The CAGR over the last five years reflects an average annual decrease.
Future trends to watch for include potential technological advancements and sustainability trends influencing consumer preferences, possibly revitalizing market growth. Monitoring economic factors and consumer sentiment will also be key to understanding shifts in market dynamics.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 80.88 | 2023 | View data | ||
| 2 | 2 Italy | 73.33 | 2023 | View data | ||
| 3 | 3 Denmark | 57.35 | 2023 | View data | ||
| 4 | 4 France | 52.93 | 2023 | View data | ||
| 5 | 5 Spain | 49.26 | 2023 | View data | ||
| 6 | 6 Japan | 48.48 | 2023 | View data | ||
| 7 | 7 Norway | 47.77 | 2023 | |||
| 8 | 8 Sweden | 43.46 | 2023 | View data | ||
| 9 | 9 Iceland | 39.29 | 2023 | View data | ||
