In 2023, the import value of motorcycles with reciprocating internal combustion piston engines exceeding 800 CC to the UK stood at 50.80 thousand units. From 2024 through 2028, forecasts indicate a steady increase in imports with values rising from 51.46 to 53.6 thousand units. This represents a consistent year-on-year growth, averaging at a compound annual growth rate (CAGR) of approximately 0.93% over the forecasted period. The predicted figures suggest a gradual upward trend, reflecting a stable market demand.
Future trends to monitor include:
- Potential impacts of shifts in consumer preference towards electric motorcycles.
- Changes in import regulations and tariffs post-Brexit.
- Technological advancements influencing engine efficiency and performance.
- Economic factors such as currency fluctuations affecting import costs.