In 2023, the number of petrol motorcycles in Spain stood at 3.585 million. The forecasted values show a steady increase, reaching 3.7495 million by 2028. The year-on-year variation over the last two years shows a slight upward trend: approximately an 0.94% increase in 2024, 0.94% in 2025, 0.91% in 2026, and 0.89% in 2027. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is around 0.87%.
Future trends to watch for include the following:
- Potential shifts towards electric vehicles due to environmental regulations.
- Changes in consumer preferences towards sustainable transport options.
- Economic factors influencing new vehicle purchases.
- Technological advancements in fuel efficiency and alternative fuels.