The Motorcycle Parts and Accessories Market in South Africa has experienced a general downward trend from 2012 to 2022, with a significant decline in value. The market grew by 2.79% in 2013 but saw subsequent declines, with notable drops in 2014 (-9.33%), 2015 (-10.22%), and 2016 (-9.29%). A slight rebound occurred in 2017 (1.51%), but the market has continued to decrease, especially in 2018 (-19.28%). From 2017 to 2022, the market's CAGR stands at -7.38%, reflecting a persistent contraction.
Future trends to watch for include potential recovery driven by increased demand for personal transport solutions amid urbanization and improvements in economic conditions. Innovations in electric motorcycle components and a growing focus on sustainability may also offer growth opportunities. Additionally, global supply chain dynamics and import-export regulations could significantly impact market dynamics.
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,287,300,000 | 2023 | +0.27% | +0.65% | View data |
| 2 | 2 United Kingdom | 676,960,000 | 2023 | +1.24% | -1.68% | View data |
| 3 | 3 Switzerland | 185,990,000 | 2023 | -0.49% | +1.92% | View data |
| 4 | 4 Sweden | 93,108,000 | 2023 | -0.75% | +0.021% | View data |
| 5 | 5 New Zealand | 66,684,000 | 2023 | +3.19% | +3.39% | View data |
| 7 | 7 Finland | 49,175,000 | 2023 | +3% | +1.79% | View data |
| 8 | 8 Costa Rica | 31,163,000 | 2023 | +2.35% | +3.65% | View data |
| 9 | 9 South Africa | 29,499,000 | 2023 | -8.52% | -6.45% | |
| 10 | 10 Croatia | 10,114,000 | 2023 | +7.32% | +8.61% | View data |
| 11 | 11 Mauritius | 1,989,600 | 2023 | +0.21% | -1.42% | View data |
