The global new registrations of motorcycles demonstrate significant variances by country. Russia leads with 851.61 thousand new registrations, reflecting substantial growth with an 86.29% year-on-year increase. Conversely, significant markets like Italy and France saw slight contractions at -2.06% and -1.79% respectively. Notably, smaller markets such as Malta and Macedonia showed robust growth rates of 4.48% and 4.81%. Countries like Norway, Hungary, and Lithuania also experienced positive year-on-year changes exceeding 2%. However, nations such as Finland and Romania faced notable declines at -6.75% and -7.03% respectively.
Noteworthy trends to watch include the substantial growth in Eastern European markets. Additionally, expect Italy and France to seek stabilizing measures in response to their recent declines. The consistent growth in emerging markets highlights potential investment opportunities and market expansions. Technological advancements and eco-friendly vehicles will likely shape the future landscape of motorcycle registrations globally.
Top countries in New Registrations of Motorcycles by Country
| # | 10 Countries | Units (Registrations) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 851,610 | 2023 | +3.56% | +86.29% | View data |
| 2 | 2 Italy | 198,000 | 2023 | -1.24% | -2.06% | View data |
| 3 | 3 Spain | 173,510 | 2023 | +1.48% | +0.99% | View data |
| 4 | 4 France | 167,800 | 2023 | -1.28% | -1.79% | View data |
| 5 | 5 Germany | 162,350 | 2023 | +0.61% | +0.51% | View data |
| 6 | 6 Switzerland | 44,590 | 2023 | -0.25% | +0.31% | View data |
| 7 | 7 Austria | 38,140 | 2023 | -1.59% | -1.15% | View data |
| 8 | 8 Portugal | 36,220 | 2023 | +2.61% | +1.71% | View data |
| 9 | 9 Belgium | 24,650 | 2023 | -0.049% | -0.51% | View data |
| 10 | 10 Czech Republic | 16,860 | 2023 | -0.12% | -0.47% | View data |
