In 2023, Belgium had a motorcycle volume of 510.10 thousand units. Based on the forecast, the number of motorcycles will increase consistently from 514.22 thousand in 2024 to 532.41 thousand in 2028. This indicates a steady growth trend with year-on-year variations of 0.91% from 2024 to 2025, 0.87% from 2025 to 2026, 0.86% from 2026 to 2027, and 0.83% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 0.87%.
Future trends to watch for:
- Increased adoption of electric motorcycles due to environmental regulations and consumer preferences.
- Technological advancements in motorcycle safety features, which may influence purchasing decisions.
- Economic factors and disposable income levels impacting motorcycle sales and ownership.
