From 2012 to 2022, Finland's per capita market size of motorcycle parts and accessories decreased from 9.65 to 7.95 percent US dollars. Year-on-year changes show a decrease of 4.2% from 2020 to 2021 and a rise of 4.5% from 2021 to 2022. The market experienced fluctuating growth with a negative CAGR of 0.7% from 2017 to 2022, reflecting an overall downward trend over the last half-decade. By 2023, the trend towards slight recovery suggested in recent years may have reinforced the market’s resilience.
Looking forward, watch for: - Technological advancement in motorcycle components leading to market demand shifts - Economic conditions influencing consumer spending power - The impact of sustainability and electric motorcycles on the market.
How does Finland rank in Motorcycle Parts and Accessories Market Size Value Per Capita?
| # | 12 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 19.55 | 2023 | View data | ||
| 2 | 2 France | 19.06 | 2023 | View data | ||
| 3 | 3 New Zealand | 12.68 | 2023 | View data | ||
| 4 | 4 Norway | 11.54 | 2023 | View data | ||
| 5 | 5 United Kingdom | 9.98 | 2023 | View data | ||
| 6 | 6 Finland | 8.45 | 2023 | |||
| 7 | 7 Sweden | 7.31 | 2023 | View data | ||
| 8 | 8 Costa Rica | 6.17 | 2023 | View data | ||