The European export market for motorcycles and cycles with an auxiliary motor, specifically those with reciprocating internal combustion piston engines less than 50 cm³, showed varied performances among countries in 2023. Italy led the market with 31.9% but experienced a significant drop of 14.83%, indicating potential challenges. In contrast, the Netherlands and Greece showed growth, with increases of 1.15% and 16.43% respectively, suggesting strengthening positions. The United Kingdom’s export growth was notable at 23.05%, while Luxembourg and Hungary faced declines, with decreases of 12.5% and 11.88%, showing regional disparities.
Future trends to watch include the continual expansion of the UK market and emerging growth in countries like Portugal and Ireland, which experienced increases of 25.11% and 39.33% respectively last year. The market might see shifts driven by environmental regulations, technological advancements, and changing consumer preferences towards more sustainable transport options, potentially affecting countries' standings in this specific segment.
Top countries in Export of Motorcycles and Cycles with an Auxiliary Motor with Reciprocating Internal Combustion Piston Engine Less than 50 cm³ Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 31.9 | 2023 | -24.53% | -14.83% | View data |
| 2 | 2 Netherlands | 19.48 | 2023 | -1.35% | +1.15% | View data |
| 3 | 3 Belgium | 14.61 | 2023 | +4.52% | +6.87% | View data |
| 4 | 4 Greece | 10.75 | 2023 | +2.56% | +16.43% | View data |
| 5 | 5 Spain | 8.19 | 2021 | +47.24% | +10.72% | View data |
| 6 | 6 United Kingdom | 6.74 | 2023 | +4.22% | +23.05% | View data |
| 7 | 7 Austria | 4.1 | 2023 | +7.95% | +6.48% | View data |
| 8 | 8 France | 3.72 | 2021 | +16.93% | -24.88% | View data |
| 9 | 9 Germany | 3.45 | 2023 | +18.91% | +3.86% | View data |
| 10 | 10 Luxembourg | 1.43 | 2023 | -15.7% | -12.5% | View data |
