The New Zealand motorcycle parts market (excluding saddles) reached a value of 60.181 million USD in 2023. Over the past decade, annual growth has seen fluctuations, with significant growth in 2017 and 2018, contrasted by a notable decline in 2020. Recent years showed recovery, with a 16.7% increase in 2021, and a modest 1.81% growth in 2023. The past five years averaged a 1.29% annual growth. Key factors include market stability and economic conditions.
Future trends to watch for:
- Technological advancements enhancing parts quality and motorcycle durability.
- Rising environmental awareness influencing sustainable and eco-friendly component demand.
- Potential impacts of economic shifts and regulatory changes on market dynamics.
How does New Zealand rank in Motorcycle Parts (Except Saddles) Market Size Value?
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 6,271,200,000 | 2023 | +0.87% | +0.89% | View data |
| 2 | 2 Germany | 2,381,600,000 | 2023 | +3.05% | +4.57% | View data |
| 3 | 3 France | 1,274,000,000 | 2023 | +0.088% | +0.44% | View data |
| 4 | 4 Mexico | 1,099,700,000 | 2023 | +5.25% | +4.91% | View data |
| 5 | 5 United Kingdom | 648,070,000 | 2023 | -2.3% | -2.54% | View data |
| 14 | 14 Ecuador | 77,169,000 | 2023 | +3.98% | +4.22% | View data |
| 15 | 15 Norway | 64,710,000 | 2023 | -0.073% | -0.56% | View data |
| 16 | 16 New Zealand | 60,181,000 | 2023 | +1.81% | +1.29% | |
| 17 | 17 Finland | 49,175,000 | 2023 | +3% | +1.79% | View data |
| 18 | 18 Morocco | 35,155,000 | 2023 | +2.28% | +1.45% | View data |
