The gross investment in the manufacture of motorcycles sector in Spain has shown significant fluctuations over the past decade. Notably, the sector experienced substantial peaks in 2014 with an increase of 492.59%, after a considerable drop in 2013. After another series of shifts, 2020 marked a significant rebound with an increase of 110.91%, followed by a steady decline. In 2023, the value stood at 5.4 million Euros, continuing the gradual decrease observed since 2021.
Key Trends:
- From 2013 to 2023, the sector had high variability, with significant peaks and deep troughs.
- The last two years before 2024 saw minor declines with -3.51% in 2022 and -1.82% in 2023.
- The Compound Annual Growth Rate (CAGR) over the past 5 years shows a modest decrease of -6.61%.
- The forecasted 5-year CAGR indicates a decline of -1.18%, implying a relatively stable but slightly decreasing investment trend from 2024 to 2028.
Future trends to watch for include the potential impacts of technological advancements in electric motorcycles, shifts in consumer preferences towards sustainable options, and economic factors affecting investment capabilities within the industry.
