The Motorcycle Parts and Accessories Market Size Value Per Capita in South Africa decreased steadily from 2013 to 2023, dropping from $1.27 to $0.46. This represents a significant year-on-year decline in value per capita, notably a 11.54% decrease from 2022 to 2023. Over the last five years, the market experienced a compound annual growth rate (CAGR) of -3.87%, indicating a consistent downward trend.
Future trends to watch for include:
- Potential market recovery driven by economic stabilization and increased disposable income.
- Rising demand for electric and sustainable motorcycle parts and accessories.
- Innovation and technological advances potentially revitalizing interest in the market.
| # | 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 | ||
| 10 | 10 Mauritius | 1.57 | 2023 | View data | ||
| 11 | 11 Namibia | 0.56 | 2023 | View data | ||
| 12 | 12 South Africa | 0.46 | 2023 | |||
