Forecast: Number of Motorcycles in Austria

The number of motorcycles in Austria has shown a generally increasing trend over the period, climbing from 450.28 thousand in 2013 to 579.86 thousand in 2023. The most notable deviation was a significant drop in 2020, likely influenced by the pandemic, resulting in a 15.56% decline year-on-year. Recovery followed swiftly, with strong growth in 2021 and beyond. The year-on-year growth in 2023 was 1.56%, with a 5-year Compound Annual Growth Rate (CAGR) of 1.55%.

Future trends to watch for include:

  • Forecasted annual growth rate of approximately 1.23% until 2028.
  • Total increase of about 6.3% over the next five years.
  • Potential impact of economic shifts and environmental policies promoting electric vehicles.

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