Spain 2023. Motorcycles Market Hit The Highest Level Out Of Last 15 Years

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Nuuk City
Nuuk City

Spanish Motorcycles Market is in a great shape In 2023 sales increased 12.4% reaching 222.074, the highest level out of the last 15 years and the third growth in a row. Honda shines on top of the list.

Spanish Motorcycles Industry Trend and Perspectives

The Spanish continues to be the fifth largest “motorcycle” market in Europe (after Turkey, Italy, France and Germany) and is one of the fastest growing.

Sustained by a strong consumer’d demand, in 2023 sales increased 12.4% reaching 222.074, the highest level out of the last 15 years and the third growth in a row.

The growth is driven by the motorcycles segment (+15.6%) particularly strong in the 751-1000cc class (+28.1%). However, even the scooter segment is positive (+9.6%) although electric demand was weak (-24.2%) against all expectations.

Looking at top manufacturer’s performance, Honda was still on top with sales up 23.1% thanks to the end of short supply and strong demand on PCX125, SH125 and Forza 125.

In second place Yamaha’s growth is more moderate (+22.9%) as for the third, Kymco (+22.0%), and the fourth,  Piaggio  (+4.7%).

Behind, BMW (+6.9%), SYM (-0.2%), Zontes (52.3%) and Kawasaki (+39.0%).

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super-soco-ct
Honda PCX125
Honda PCX125
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