The motorcycles market with spark ignition engines of 500-800 cc in Mexico showed a fluctuating trend from 2013 to 2023. By 2023, the per capita market size stood at $0.71, decreasing slightly from 2022. The year-on-year variation over the last two years indicates a 0.73% decrease from 2022, with an average annual decline (CAGR) of 0.58% over the past five years.
Future trends to watch for include:
- Potential recovery as economic conditions stabilize post-pandemic, potentially boosting consumer spending.
- Increased interest in mid-sized motorcycles due to urbanization and traffic congestion.
- Growth influenced by advancements in eco-friendly and electric engine options.
