The per capita value of the motorcycle market in Israel has shown significant growth from 2013 to 2023, reaching $67.98. The year-on-year growth rate between 2022 and 2023 was 9.08%, signaling a strong rebound from the slight dip in 2020. From 2019 to 2023, the compound annual growth rate (CAGR) stands at approximately 4.75%, reflecting steady market expansion despite occasional fluctuations.
Future trends to watch for include increased adoption of electric motorcycles and scooters, driven by policy incentives and a growing focus on sustainability. Innovations in smart motorcycle technologies and ride-sharing services are also expected to propel market growth.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 145.39 | 2023 | View data | ||
| 2 | 2 Germany | 126.24 | 2023 | View data | ||
| 3 | 3 New Zealand | 104.85 | 2023 | View data | ||
| 4 | 4 Italy | 103.67 | 2023 | View data | ||
| 5 | 5 France | 78.63 | 2023 | View data | ||
| 6 | 6 Israel | 67.98 | 2023 | |||
| 7 | 7 Sweden | 64.89 | 2023 | View data | ||
| 8 | 8 Canada | 48.34 | 2023 | View data | ||