The 2023 data places Bulgaria at the forefront of the European Motorcycles, Bicycles and Animal Drawn Vehicles HICP, followed closely by Hungary and Serbia. The year 2022 saw substantial growth in Bulgaria, Hungary, and Serbia, with Bulgaria experiencing the most significant year-on-year increase. Countries like Germany and Sweden also recorded notable growth. Meanwhile, countries such as Greece, Malta, and Switzerland show slower growth, illustrating regional disparities in the sector.
Looking ahead, factors to watch include the alignment of inflationary pressures across Europe, technological advancements in transportation, and shifting consumer preferences towards sustainable mobility solutions. Keeping an eye on Europe's regulatory environment will also be crucial as countries push for greener transportation modes.
Top countries in Motorcycles, Bicycles and Animal Drawn Vehicles HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 135.99 | 2022 | +12.21% | +5.48% | View data |
| 2 | 2 Hungary | 134.31 | 2022 | +9.06% | +4.47% | View data |
| 3 | 3 Serbia | 132.7 | 2022 | +8.06% | +4.44% | View data |
| 4 | 4 Czech Republic | 129.8 | 2022 | +9.63% | +4.41% | View data |
| 5 | 5 Romania | 125.85 | 2022 | +7.3% | +4.01% | View data |
| 6 | 6 Estonia | 125.45 | 2022 | +7.16% | +3.65% | View data |
| 7 | 7 Croatia | 125.33 | 2022 | +6.65% | +3.77% | View data |
| 8 | 8 Macedonia | 124.84 | 2022 | +6.32% | +3.38% | View data |
| 9 | 9 Lithuania | 123.99 | 2022 | +8.21% | +3.66% | View data |
| 10 | 10 Luxembourg | 122.06 | 2022 | +6.31% | +2.68% | View data |