The market size value per capita for motorcycles with spark ignition engines of 500-800 Cc in Australia has been on a downward trajectory from 2013 to 2023. Starting at $17.98 in 2013, it declined steadily to $10.1 by 2023. Notably, the market value fell sharply between 2019 and 2020 by approximately 20.7%, likely impacted by global disruptions. However, a slight recovery can be observed in 2021 and 2022, with increases of 9.5% and 0.5% respectively. Over the last five years, the compound annual growth rate stands at -3.89%, signifying a steady decline.

Future trends to watch include:

Growing interest in electric motorcycles, potentially impacting the demand for spark ignition engines.
Economic factors and disposable income trends influencing the overall motorcycle market.
Regulations and environmental policies that may drive shifts towards more sustainable models.