The motorcycle parts and accessories market in Costa Rica experienced steady growth from 2013 to 2023, reaching a market size of $31.163 million in 2023. During this period, the market saw fluctuations, with notable year-on-year growth spikes in 2015, 2016, and 2021, contrasted by declines in 2018 and 2020. Over the last five years, the market achieved a compound annual growth rate (CAGR) of 3.65%, indicating a moderate growth trajectory.
Future trends to watch for include:
- Increasing consumer shift towards electric motorcycles, impacting parts and accessories demand.
- Potential supply chain challenges and economic factors affecting pricing and availability.
- Technological advancements leading to smarter and more integrated accessories.
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,287,300,000 | 2023 | +0.27% | +0.65% | View data |
| 2 | 2 United Kingdom | 676,960,000 | 2023 | +1.24% | -1.68% | View data |
| 3 | 3 Switzerland | 185,990,000 | 2023 | -0.49% | +1.92% | View data |
| 4 | 4 Sweden | 93,108,000 | 2023 | -0.75% | +0.021% | View data |
| 5 | 5 New Zealand | 66,684,000 | 2023 | +3.19% | +3.39% | View data |
| 6 | 6 Norway | 62,856,000 | 2023 | -0.7% | -1.14% | View data |
| 7 | 7 Finland | 49,175,000 | 2023 | +3% | +1.79% | View data |
| 8 | 8 Costa Rica | 31,163,000 | 2023 | +2.35% | +3.65% | |
| 9 | 9 South Africa | 29,499,000 | 2023 | -8.52% | -6.45% | View data |
| 10 | 10 Croatia | 10,114,000 | 2023 | +7.32% | +8.61% | View data |