In 2023, the New Zealand market for bicycle and motorcycle parts and accessories stood at $36.62 per capita. Year-on-year, the market grew by 1.64% from 2022 to 2023 and by 1.78% from 2021 to 2022. Over the last five years, the compound annual growth rate (CAGR) was approximately 2.10%. Since 2013, the market has shown a general upward trend, with some fluctuations.
Future trends to watch for include the increasing integration of technology into parts and accessories, growing interest in sustainable and eco-friendly products, and the impact of evolving consumer preferences for electric bicycles and motorcycles.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 80.88 | 2023 | View data | ||
| 2 | 2 Italy | 73.33 | 2023 | View data | ||
| 3 | 3 Denmark | 57.35 | 2023 | View data | ||
| 4 | 4 France | 52.93 | 2023 | View data | ||
| 5 | 5 Spain | 49.26 | 2023 | View data | ||
| 8 | 8 Sweden | 43.46 | 2023 | View data | ||
| 9 | 9 Iceland | 39.29 | 2023 | View data | ||
| 10 | 10 New Zealand | 36.62 | 2023 | |||
| 11 | 11 Belgium | 32.84 | 2023 | View data | ||
| 12 | 12 United Kingdom | 29.26 | 2023 | View data | ||
