From 2023 to 2024, the re-import value of motorcycles with engines other than spark ignition to China is projected to grow from its standing at the end of 2023. The forecasted figures show a steady year-on-year increase in value through to 2028, with a compound annual growth rate (CAGR) that represents a moderate upward trend over these five years.
Future trends to watch for include:
- Potential changes in consumer preferences towards alternative engine types could impact import volumes and values.
- Technological advancements and global emission standards may influence the market dynamics and the share of such motorcycle imports.
- Economic factors such as trade policies and currency fluctuations might also play a pivotal role in altering import scenarios.
