The motorcycles market size value per capita in Sweden has shown a general upward trend from 2012 to 2022. It started at 34.72 USD in 2012 and increased to 63.13 USD in 2022. The market witnessed significant growth, especially between 2015 and 2016, with a marked jump from 37.88 USD to 49.92 USD. After peaking at 59.88 USD in 2020, there was a slight decline in 2021 (58.44 USD) before rising again in 2022.
Year-on-year, the market saw an increase of approximately 8% from 2021 (58.44 USD) to 2022 (63.13 USD). This recent trend indicates growing interest and investment within the sector. The compound annual growth rate (CAGR) from 2018 to 2022 is noteworthy, standing at around 3.27%, reflecting strong market resilience and growth over the past five years.
Looking ahead to 2024, watch for potential impacts of technological advancements in motorcycle development, including electric motorcycles. Consumer preferences for sustainable and environmentally friendly transport options are likely to drive future growth. Additionally, economic fluctuations and regulatory changes could influence market dynamics significantly.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 145.39 | 2023 | View data | ||
| 2 | 2 Germany | 126.24 | 2023 | View data | ||
| 3 | 3 New Zealand | 104.85 | 2023 | View data | ||
| 4 | 4 Italy | 103.67 | 2023 | View data | ||
| 5 | 5 France | 78.63 | 2023 | View data | ||
| 6 | 6 Israel | 67.98 | 2023 | View data | ||
| 7 | 7 Sweden | 64.89 | 2023 | |||
| 8 | 8 Canada | 48.34 | 2023 | View data | ||
| 9 | 9 United Kingdom | 46.82 | 2023 | View data | ||
