The Israel motorcycle market reached a size of $585.2 million in 2023. Over the last decade, the market has experienced considerable growth, particularly notable with peaks in 2017 and recovery from a decline in 2020. Year-on-year growth exhibited fluctuations, with a stable increase observed recently, marking an 8.96% rise from 2022 to 2023. Over the past five years, the market saw an average annual growth rate of 4.2%, indicating resilience and steady demand.
Future trends to watch include the increasing adoption of electric motorcycles, enhancements in safety technology, and shifting consumer preferences toward sustainable and technologically advanced models, potentially driving further market growth. Additionally, regulatory changes and infrastructure developments in Israel could play significant roles in shaping the market landscape.
| # | 15 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,469,400,000 | 2023 | +3.95% | +6.61% | View data |
| 2 | 2 Italy | 5,294,200,000 | 2023 | -1.59% | -0.74% | View data |
| 3 | 3 France | 4,765,200,000 | 2023 | -10.74% | -6.61% | View data |
| 4 | 4 United Kingdom | 3,144,100,000 | 2023 | -0.48% | -1.07% | View data |
| 5 | 5 Canada | 1,822,400,000 | 2023 | -0.11% | -1.67% | View data |
| 7 | 7 Kenya | 807,070,000 | 2023 | +5.19% | +6.5% | View data |
| 8 | 8 Sweden | 676,410,000 | 2023 | +2.81% | +3.71% | View data |
| 9 | 9 Israel | 585,200,000 | 2023 | +8.96% | +4.2% | |
| 10 | 10 New Zealand | 529,820,000 | 2023 | +3.26% | +2.12% | View data |
| 11 | 11 Uganda | 444,740,000 | 2023 | +7.21% | +9.75% | View data |
