The motorcycles market in Niger had a steady expansion from 2013 through 2023, reaching a market size of 26.579 million USD in 2023. The market experienced fluctuations, notably a significant dip in 2020, followed by a strong recovery. The average annual growth rate over the past five years was 1.59%, reflecting moderate growth stability. Year-on-year growth varied, with the last two recorded at 7.38% for 2022 and 1.93% for 2023.
Future trends to watch include the impact of economic conditions on consumer spending and the demand for affordable transportation. Evolving consumer preferences and technological advancements in motorcycles could shape growth in this market segment.
| # | 15 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,469,400,000 | 2023 | +3.95% | +6.61% | View data |
| 2 | 2 Italy | 5,294,200,000 | 2023 | -1.59% | -0.74% | View data |
| 3 | 3 France | 4,765,200,000 | 2023 | -10.74% | -6.61% | View data |
| 4 | 4 United Kingdom | 3,144,100,000 | 2023 | -0.48% | -1.07% | View data |
| 5 | 5 Canada | 1,822,400,000 | 2023 | -0.11% | -1.67% | View data |
| 12 | 12 Ethiopia | 220,050,000 | 2023 | +1.97% | +2.26% | View data |
| 13 | 13 South Africa | 171,720,000 | 2023 | -17.09% | -11.51% | View data |
| 14 | 14 Niger | 26,579,000 | 2023 | +1.93% | +1.59% | |
| 15 | 15 Jordan | 13,272,000 | 2023 | +1.82% | -0.35% | View data |