| Product Code: ETC5378150 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, El Salvador continued to see a significant influx of motorcycle imports, with key exporters being China, India, Italy, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing power for suppliers. The impressive compound annual growth rate (CAGR) of 74.9% from 2020 to 2024 demonstrates a robust demand for motorcycles in El Salvador. Moreover, the remarkable growth rate of 138.93% from 2023 to 2024 highlights the accelerating pace of this market, presenting opportunities for both importers and manufacturers to capitalize on this expanding sector.

In the Latin America region, the Motorcycle market in El Salvador is projected to expand at a high growth rate of 12.74% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Motorcycle Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Motorcycle Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Motorcycle Market - Industry Life Cycle |
3.4 El Salvador Motorcycle Market - Porter's Five Forces |
3.5 El Salvador Motorcycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Motorcycle Market Revenues & Volume Share, By Engine Capacity, 2021 & 2031F |
4 El Salvador Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and traffic congestion leading to higher demand for motorcycles as a convenient mode of transportation. |
4.2.2 Rising disposable incomes and changing consumer preferences towards affordable and fuel-efficient vehicles. |
4.2.3 Government initiatives promoting the use of motorcycles for delivery services and transportation, such as tax incentives or infrastructure development. |
4.3 Market Restraints |
4.3.1 Safety concerns and lack of proper regulations leading to high accident rates and negative perception of motorcycles. |
4.3.2 Economic fluctuations impacting consumer purchasing power and overall demand for motorcycles. |
4.3.3 Limited financing options for potential buyers, hindering the growth of the motorcycle market. |
5 El Salvador Motorcycle Market Trends |
6 El Salvador Motorcycle Market Segmentations |
6.1 El Salvador Motorcycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Motorcycle Market Revenues & Volume, By Adventure, 2021-2031F |
6.1.3 El Salvador Motorcycle Market Revenues & Volume, By Cruiser, 2021-2031F |
6.1.4 El Salvador Motorcycle Market Revenues & Volume, By Mopeds, 2021-2031F |
6.1.5 El Salvador Motorcycle Market Revenues & Volume, By Sports, 2021-2031F |
6.1.6 El Salvador Motorcycle Market Revenues & Volume, By Standard, 2021-2031F |
6.1.7 El Salvador Motorcycle Market Revenues & Volume, By Touring, 2021-2031F |
6.2 El Salvador Motorcycle Market, By Engine Capacity |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Motorcycle Market Revenues & Volume, By 151-300 CC, 2021-2031F |
6.2.3 El Salvador Motorcycle Market Revenues & Volume, By 301-500 CC, 2021-2031F |
6.2.4 El Salvador Motorcycle Market Revenues & Volume, By 501-800 CC, 2021-2031F |
6.2.5 El Salvador Motorcycle Market Revenues & Volume, By 801-1000 CC, 2021-2031F |
6.2.6 El Salvador Motorcycle Market Revenues & Volume, By 1001-1600 CC, 2021-2031F |
6.2.7 El Salvador Motorcycle Market Revenues & Volume, By Above 1600 CC, 2021-2031F |
7 El Salvador Motorcycle Market Import-Export Trade Statistics |
7.1 El Salvador Motorcycle Market Export to Major Countries |
7.2 El Salvador Motorcycle Market Imports from Major Countries |
8 El Salvador Motorcycle Market Key Performance Indicators |
8.1 Average age of motorcycles on the road, indicating the need for replacement and potential market growth. |
8.2 Number of motorcycle licenses issued, reflecting the interest and adoption rate of motorcycles in El Salvador. |
8.3 Percentage of motorcycles equipped with eco-friendly technologies, showing the market's shift towards sustainability. |
9 El Salvador Motorcycle Market - Opportunity Assessment |
9.1 El Salvador Motorcycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Motorcycle Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
10 El Salvador Motorcycle Market - Competitive Landscape |
10.1 El Salvador Motorcycle Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |