The manufacturing of motorcycles in Italy experienced fluctuating production values over the past decade. From 2013 to 2017, the sector saw a general upward trend, with significant growth noted in 2015 and 2017, followed by a gradual stabilization between 2018 and 2021. A slight decline was observed from 2020 to 2023. In 2023, the sector stood at 3.05 billion Euros.
Year-on-year variations over the last two years have shown minimal negative changes: -0.16% in 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the past 5 years averaged at -0.091%, indicating a very slight decline.
Future forecasts until 2028 predict further stabilization with a slight negative trend, with an average forecasted CAGR of -0.12%.
Future trends to watch for include technological advancements in motorcycle manufacturing, shifts in consumer preferences towards electric motorcycles, and potential impacts of regulatory changes aimed at reducing carbon emissions which could foster innovation and alter demand.
