In 2023, the import of parts and accessories for bicycles and motorcycles to Argentina stood at 157.5 million USD. Based on the forecasted data, imports are expected to grow consistently. Year-on-year percentage increases from 2024 to 2028 are projected as follows:
- 2024: 3.07%
- 2025: 3.16%
- 2026: 3.00%
- 2027: 2.85%
- 2028: 2.71%
Over the last two years, the CAGR shows an average annual increase of 2.96%.
Future trends to watch for include potential impacts of trade policies, shifts in consumer demand for bicycles and motorcycles, technological advancements in parts and accessories, and changes in global supply chains. Increased focus on sustainability and eco-friendly transportation options could also influence the market.