The Swedish Motorcycle Parts and Accessories Market saw fluctuating growth from 2012 to 2022. Initially, there was growth from $119.77 million in 2012 to $132.99 million in 2013, an 11.03% increase. However, the market experienced several declines, notably between 2015 and 2018, with the most significant drop of 15.01% in 2018. The market value in 2022 was $92.826 million, down from $119.77 million in 2012. The last five years recorded an average annual decline (CAGR) of -3.24%.
Future trends to watch:
- The impact of increasing fuel prices on motorcycle usage
- Advancements in electric motorcycle parts
- Shifts in consumer preferences towards sustainable and high-tech accessories
- Government regulations influencing the market dynamics in the automotive industry
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,287,300,000 | 2023 | +0.27% | +0.65% | View data |
| 2 | 2 United Kingdom | 676,960,000 | 2023 | +1.24% | -1.68% | View data |
| 3 | 3 Switzerland | 185,990,000 | 2023 | -0.49% | +1.92% | View data |
| 4 | 4 Sweden | 93,108,000 | 2023 | -0.75% | +0.021% | |
| 5 | 5 New Zealand | 66,684,000 | 2023 | +3.19% | +3.39% | View data |
| 6 | 6 Norway | 62,856,000 | 2023 | -0.7% | -1.14% | View data |
