The annual data on the import of motorcycles to France reveals a significant upward trend over the past decade. In 2023, the value stood at 2101.4 thousand items. Noticeable growth was observed from 2013 to 2023, with substantial year-on-year increases, particularly in 2016 and 2017. However, year-on-year variations have moderated recently, with increases of 2.44% in 2022 and 2.45% in 2023. The Compound Annual Growth Rate (CAGR) of 8.9% over the last five years indicates a robust upward trend.
Looking ahead, the forecast for 2024-2028 suggests a continued rise in motorcycle imports, though at a more moderate CAGR of 1.74%, resulting in a total growth rate of 9.01% over the forecasted period. This signifies a stabilization trend, reflecting a maturing market.
Future trends to watch for include:
- Technological advancements in electric motorcycles, which could boost imports further.
- Government policies and incentives for environmentally friendly transportation.
- Economic factors such as consumer spending and overall mobility trends post-pandemic.
