The per capita market size value for motorcycles with a spark ignition engine of 50-250 cc in Cameroon has shown a declining trend from 2013 to 2023, starting at $2.67 and reducing to $1.99. The market experienced fluctuations with an increase between 2020 and 2022, but fell again in 2023. The year-on-year variation highlights a decrease from 2022 to 2023 by about 4.05%, and over the past two years, the per capita value declined by approximately 2.91%. The five-year compound annual growth rate (CAGR) stands at approximately -0.51%.
Future trends in this segment might include increased demand driven by economic recovery, technological advancements, and potential government policies that support eco-friendly and fuel-efficient vehicles. It would be prudent to monitor shifts in consumer preference towards sustainable transportation and the impact of economic reforms on disposable incomes in Cameroon.
