The Motorcycle Parts (Except Saddles) market in Burundi reached a size of 9.3976 million USD in 2023. Over the past decade, the market has generally shown an upward trend, with notable growth spurts between 2016 and 2017. However, there was a significant dip in 2020, followed by a strong recovery in 2021. The year-on-year growth from 2022 to 2023 was 2.78%, with a compound annual growth rate of 2.99% over the last five years, indicating moderate growth.
Future trends to watch for:
- Continued recovery and stabilization post-2020 dip.
- Potential impact of new import policies on market growth.
- Influence of regional economic developments and infrastructural improvements.
- Technological advancements in motorcycle parts potentially driving market expansion.
How does Burundi rank in Motorcycle Parts (Except Saddles) Market Size Value?
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 6,271,200,000 | 2023 | +0.87% | +0.89% | View data |
| 2 | 2 Germany | 2,381,600,000 | 2023 | +3.05% | +4.57% | View data |
| 3 | 3 France | 1,274,000,000 | 2023 | +0.088% | +0.44% | View data |
| 4 | 4 Mexico | 1,099,700,000 | 2023 | +5.25% | +4.91% | View data |
| 5 | 5 United Kingdom | 648,070,000 | 2023 | -2.3% | -2.54% | View data |
| 21 | 21 Romania | 23,252,000 | 2023 | +2.29% | +1.83% | View data |
| 22 | 22 Uruguay | 15,912,000 | 2023 | -0.19% | -0.62% | View data |
| 23 | 23 Burundi | 9,397,600 | 2023 | +2.78% | +2.99% | |
| 24 | 24 Croatia | 8,525,900 | 2023 | +2.08% | +4.96% | View data |
| 25 | 25 Estonia | 2,462,900 | 2023 | -2.92% | -3.06% | View data |
