The Motorcycle Market Size Value Per Capita in the Netherlands displayed varied trends from 2012 to 2022. The market saw a decline of -1.97% from 2012 to 2013, followed by an increase to 77.17 in 2014. Continuous growth was observed reaching a peak of 94.07 USD per capita by 2019, except for a drop in 2020 where it declined to 78.79, likely due to the COVID-19 pandemic. Recovery began in 2021 with a value of 90.98 and further growth was noted in 2022, ending the year at 96.59. In 2023, the market stood strong at 97.80 showing a marginal year-on-year growth.
Key trends to note over the last two years show a comeback trend in 2021 with 15.45% rise, followed by a steady 6.16% increase in 2022. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was approximately 1.0%, indicating steady market growth despite the pandemic impact.
Future trends to watch for include the impact of rising fuel prices, environmental regulations driving the shift towards electric motorcycles, and changes in consumer preferences alongside economic fluctuations impacting disposable income and thereby affecting the per capita spend on motorcycles.
