| Year | Value (Million US Dollars) | Year-on-Year Variation (%) | CAGR (%) |
|---|---|---|---|
| 2012 | 156.21 | 4.86 | |
| 2013 | 163.45 | 4.63 | |
| 2014 | 178.92 | 9.47 | |
| 2015 | 135.4 | -24.32 | -2.61 |
| 2016 | 143.6 | 6.06 | -0.73 |
| 2017 | 147.6 | 2.78 | -1.13 |
| 2018 | 151.27 | 2.49 | -1.54 |
| 2019 | 159.9 | 5.71 | -2.22 |
| 2020 | 146.98 | -8.08 | 1.65 |
| 2021 | 142.15 | -3.29 | -0.2 |
| 2022 | 149.27 | 5.01 | 0.23 |
The Canadian motorcycles market for 50-250 cc engines has seen fluctuating values from 2012 to 2022. Significant declines in 2015 and 2020 were followed by periods of moderate recovery. Overall, the compound annual growth rate (CAGR) over the last five years is 0.23%.
Future trends to watch include the impact of changing consumer preferences, technological advancements in electric and hybrid motorcycles, as well as potential regulatory changes impacting emissions and safety standards.
How does Canada rank in Motorcycles (With Spark Ignition Engine of 50-250 Cc) Market Size Value?
| # | 20 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 11,523,000,000 | 2023 | +3.54% | +2.73% | View data |
| 2 | 2 United States | 2,617,400,000 | 2023 | +1.78% | +1.81% | View data |
| 3 | 3 Japan | 2,018,600,000 | 2023 | -1.48% | -2.56% | View data |
| 4 | 4 Pakistan | 779,290,000 | 2023 | +2.16% | +2.33% | View data |
| 5 | 5 Italy | 771,290,000 | 2023 | -2.97% | -3.04% | View data |
| 9 | 9 United Kingdom | 303,680,000 | 2023 | -1.84% | -1.89% | View data |
| 10 | 10 Austria | 159,080,000 | 2023 | +0.62% | +2.49% | View data |
| 11 | 11 Canada | 150,230,000 | 2023 | -0.29% | -0.14% | |
| 12 | 12 Malaysia | 128,690,000 | 2023 | -2.77% | -1.86% | View data |
| 13 | 13 Lebanon | 113,600,000 | 2023 | +3.85% | +4.08% | View data |
