The motorcycle market size value per capita in Jordan showed a peak in 2016 at $1.68, followed by a decline to $1.14 by 2023. The annual decrease over the last two years was steady at -2.5% each year. Observing the five-year period from 2018 to 2023, the compound annual growth rate (CAGR) revealed an average decline of approximately -3.6% per annum. This indicates a continuous downward trend in market value per capita.
Future trends to watch for include potential recovery avenues such as economic growth or increased urbanization boosting motorcycle usage, and technological enhancements in bikes that could incentivize purchasing despite previous declines.
| # | 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 | ||
| 12 | 12 Ethiopia | 1.94 | 2023 | View data | ||
| 13 | 13 South Africa | 1.73 | 2023 | View data | ||
| 14 | 14 Jordan | 1.14 | 2023 | |||
| 15 | 15 Niger | 1.09 | 2023 | View data | ||