The 2024 data for Global Number of Motorcycles by Country showcases significant variances. Argentina leads with 20.55 units per million USD GDP and a 5.18% year-on-year increase. Other notable countries are Greece (9.17), Belarus (7.04), and Mexico (7.04) which saw a substantial 16.15% rise over the last year. Conversely, Poland experienced a slight decline at -0.16%. Countries like Morocco (7.78%), Norway (10.65%), and Iceland (7.57%) demonstrate significant positive growth, while Bulgaria faced a steep decrease at -13.65%. The CAGR over the last five years indicates mixed results with both growth and decline trends across countries.
Future trends to watch include the potential impact of economic changes on motorcycle sales, particularly in emerging markets like Argentina and Mexico. Technological advancements and the shift towards electric motorcycles might also influence numbers, along with policy changes in various countries regarding transport and emissions.
Top countries in Number of Motorcycles by Country
| # | 10 Countries | Units Per Million USD GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 20.55 | 2023 | +3.47% | +5.18% | View data |
| 2 | 2 Greece | 9.17 | 2023 | +1.93% | +4.22% | View data |
| 3 | 3 Belarus | 7.04 | 2023 | +0.49% | +0.041% | View data |
| 4 | 4 Mexico | 7.04 | 2023 | +11.3% | +16.15% | View data |
| 5 | 5 Spain | 2.72 | 2023 | +1.38% | +2.27% | View data |
| 6 | 6 Poland | 2.54 | 2023 | -0.91% | -0.16% | View data |
| 7 | 7 Morocco | 2.36 | 2023 | +5.54% | +7.78% | View data |
| 8 | 8 Malta | 1.83 | 2023 | -0.75% | +0.18% | View data |
| 9 | 9 Austria | 1.37 | 2023 | +1.72% | +3.76% | View data |
| 10 | 10 Croatia | 1.36 | 2023 | +1.47% | +2.46% | View data |
