The motorcycle parts market per capita in Norway saw a decline from 2013 to 2016, with values decreasing from $14.31 to $11.57. Between 2017 and 2019, the market somewhat stabilized, ranging from $13.21 to $11.96. The year 2020 marked a notable dip to $10.01, likely due to the impacts of the pandemic, but a recovery trend is observed from 2021 to 2023, closing at $11.82.
Year-on-year analysis reveals minor fluctuations, with a slightly negative trend from 2021 to 2023. The five-year CAGR also indicates a modest decline. Watch for:
- Adoption of new motorcycle technologies impacting part demands.
- Regulatory changes for emission standards driving market shifts.
- Increased sales of electric motorcycles influencing parts demand.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.03 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.02 | 2023 | View data | ||
| 3 | 3 France | 18.79 | 2023 | View data | ||
| 4 | 4 Australia | 12.98 | 2023 | View data | ||
| 5 | 5 Belgium | 12.27 | 2023 | View data | ||
| 6 | 6 New Zealand | 11.96 | 2023 | View data | ||
| 7 | 7 Norway | 11.82 | 2023 | |||
| 8 | 8 Canada | 10.46 | 2023 | View data | ||
| 9 | 9 United Kingdom | 9.46 | 2023 | View data | ||
