The UK market for motorcycles with spark ignition engines of 50-250 cc has shown fluctuations in value per capita over the past decade, peaking in 2013 at $6.09 and declining to $4.45 in 2023. A notable drop occurred in 2020, with a partial recovery by 2022. From 2022 to 2023, the market value per capita decreased 2.41%. The compound annual growth rate (CAGR) over the last five years is -3.17%, indicating a downward trend.
Future trends to watch for:
- A continued shift towards electric motorcycles reflects broader environmental policies.
- Innovation in small displacement engines might reignite interest in this market segment.
- Economic recovery post-pandemic could stabilize the market value.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 17.65 | 2023 | View data | ||
| 2 | 2 Japan | 16.05 | 2023 | View data | ||
| 3 | 3 New Zealand | 13.89 | 2023 | View data | ||
| 4 | 4 Italy | 13.79 | 2023 | View data | ||
| 5 | 5 Switzerland | 12.62 | 2023 | View data | ||
| 7 | 7 Uganda | 7.98 | 2023 | View data | ||
| 8 | 8 China | 7.71 | 2023 | View data | ||
| 9 | 9 United Kingdom | 4.45 | 2023 | |||
| 10 | 10 Sweden | 4.32 | 2023 | View data | ||
| 11 | 11 Germany | 3.95 | 2023 | View data | ||