The Motorcycles Market Size Value Per Capita in South Africa showed a marked decrease from 2012 to 2022, starting at 12.74 and declining steadily to 3.61. The past two years highlight a declining trend with reductions of 13.8% from 2020 to 2021 and 6.7% from 2021 to 2022. The five-year CAGR reveals an average annual decline of 6.0% over the period from 2018 to 2022, showing long-term downward pressure on the market. In 2023, this value slightly improved, indicating a minor stabilization signal.
Future trends to watch for include potential market stabilization due to economic recovery and rising disposable income. The impact of increasing fuel prices and environmental legislation promoting electric motorcycles could also shape the market. Monitoring technological advancements and consumer preferences towards sustainable transport will be crucial.
| # | 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 | ||
| 11 | 11 Uganda | 8.02 | 2023 | View data | ||
| 12 | 12 Ethiopia | 1.94 | 2023 | View data | ||
| 13 | 13 South Africa | 1.73 | 2023 | |||
| 14 | 14 Jordan | 1.14 | 2023 | View data | ||
| 15 | 15 Niger | 1.09 | 2023 | View data | ||
