The value of the motorcycle market in Argentina for motorcycles with a spark ignition engine of 250-500 cc has steadily decreased from 2013 through 2023, starting at $79.388 million in 2013 and settling at $52.787 million in 2023. The market experienced its most significant decline in 2020, but saw a modest recovery in 2021 and stabilized slightly in 2022. The five-year compound annual growth rate (CAGR) from 2018 to 2023 stands at -3.35%, indicating a gradual decline.

Future trends to watch for:

Potential economic recovery may stimulate market growth.
The adoption of electric motorcycles might impact traditional motorcycle sales.
Regulatory changes and consumer preferences will continue to shape market dynamics.