The motorcycles market in Austria saw significant fluctuations in value over the past decade. From 2012 to 2022, the market experienced substantial annual variations, with notable peaks such as in 2017 and 2019, where year-on-year growth reached 35.09% and 15.16%, respectively. However, there were also downturns, such as in 2020 when the market decreased by 17.37%. The Compound Annual Growth Rate (CAGR) over the last five years has been 4.53%, indicating a moderate average growth rate.
For 2023, the value stood around 1264.2 Million US Dollars, continuing the upward trend observed in recent years. Notably, the past two years showcased a positive trend, with 2021 and 2022 witnessing 18.2% and 8.53% year-on-year increases, respectively.
Future trends to watch for include the potential impact of new environmental regulations, advancements in electric motorcycles, and consumers' shifting preferences towards more sustainable transportation options. The market is expected to continue its growth trajectory, driven by innovation and increased consumer interest in motorcycling as a recreational activity.
| # | 15 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,469,400,000 | 2023 | +3.95% | +6.61% | View data |
| 2 | 2 Italy | 5,294,200,000 | 2023 | -1.59% | -0.74% | View data |
| 3 | 3 France | 4,765,200,000 | 2023 | -10.74% | -6.61% | View data |
| 4 | 4 United Kingdom | 3,144,100,000 | 2023 | -0.48% | -1.07% | View data |
| 5 | 5 Canada | 1,822,400,000 | 2023 | -0.11% | -1.67% | View data |
| 6 | 6 Austria | 1,301,400,000 | 2023 | +2.95% | +4.67% | |
| 7 | 7 Kenya | 807,070,000 | 2023 | +5.19% | +6.5% | View data |
| 8 | 8 Sweden | 676,410,000 | 2023 | +2.81% | +3.71% | View data |
