The motorcycle parts market (excluding saddles) in Morocco showed fluctuating trends from 2013 to 2023. In 2023, the market size value per capita was $0.95. A notable rise was seen from 2021 to 2023, with a year-on-year increase of approximately 6.9% in 2022 and 2.2% in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at around 4.62%, indicating a steady growth trajectory after a dip in 2020 due to global economic challenges.
Future trends worth watching include:
- Potential impacts of technological advancements in the automotive sector.
- Shifts in consumer preferences towards electric motorcycles and their parts.
- Government policies promoting sustainable transportation impacting demand dynamics.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.03 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.02 | 2023 | View data | ||
| 3 | 3 France | 18.79 | 2023 | View data | ||
| 4 | 4 Australia | 12.98 | 2023 | View data | ||
| 5 | 5 Belgium | 12.27 | 2023 | View data | ||
| 18 | 18 Estonia | 2.02 | 2023 | View data | ||
| 19 | 19 Romania | 1.2 | 2023 | View data | ||
| 20 | 20 Morocco | 0.95 | 2023 | |||
| 21 | 21 Burundi | 0.81 | 2023 | View data | ||
| 22 | 22 Namibia | 0.56 | 2023 | View data | ||
