The forecast for the import of motorcycles with reciprocating internal combustion piston engines of a cylinder capacity exceeding 800 CC to the US indicates a steady decline from 2024 to 2028. The value declines from 68,020 in 2024 to 61,600 in 2028, marking a consistent year-on-year decrease. Import levels in 2023 were at a slightly higher mark, indicating a downward trend in the forthcoming years.
- Between 2024 and 2025, the value drops by approximately 2.43%.
- From 2025 to 2026, the decline continues with a reduction of 2.44%.
- The percentage change from 2026 to 2027 is about 2.47%.
- A further decrease of roughly 2.45% is observed from 2027 to 2028.
- The Compound Annual Growth Rate (CAGR) across the forecasted period is around -2.47%, reflecting a sustained downward trend over five years.
Future trends to watch for include shifts in consumer preferences towards electric and eco-friendly motorcycles, changes in international trade policies, and advancements in technology that may disrupt traditional manufacturing and import dynamics.