The Bicycles and Motorcycles Parts and Accessories Market in Cyprus reached a value of $6.66 USD per capita in 2023, indicating steady growth from 2018, with a compound annual growth rate (CAGR) of 3.65% over the last five years. The market saw a year-on-year increase of 2.46% from 2022 to 2023, reflecting ongoing interest and demand in this sector.
Future trends to watch for include:
- Increased adoption of electric mobility options, impacting parts demand.
- Growing environmental awareness leading to higher bicycle usage.
- Expansion of e-commerce platforms enhancing market accessibility.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 80.88 | 2023 | View data | ||
| 2 | 2 Italy | 73.33 | 2023 | View data | ||
| 3 | 3 Denmark | 57.35 | 2023 | View data | ||
| 4 | 4 France | 52.93 | 2023 | View data | ||
| 5 | 5 Spain | 49.26 | 2023 | View data | ||
| 24 | 24 Paraguay | 8.02 | 2023 | View data | ||
| 25 | 25 Ecuador | 7.51 | 2023 | View data | ||
| 26 | 26 Cyprus | 6.66 | 2023 | |||
| 27 | 27 Chile | 5.64 | 2023 | View data | ||
| 28 | 28 Malta | 4.66 | 2023 | View data | ||
