From 2013 to 2023, New Zealand's Brake System Parts market saw fluctuations with a general upward trend in the value per capita. In 2023, the value was $33.76. The market showed resilience, especially from 2021 to 2023, with a steady recovery from the dip in 2020.
Year-on-year variations in the last two years indicate stabilization: 2022 showed a 0.39% increase over 2021, while 2023 saw a 0.32% increase over 2022. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 is approximately 0.67%, depicting modest growth over the five-year period.
Future trends to watch for:
- Technological advancements in brake systems that might influence demand.
- Potential impacts from sustainable and eco-friendly vehicle trends.
- Changes in regulatory policies affecting market dynamics.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 100.22 | 2023 | View data | ||
| 2 | 2 Italy | 97.4 | 2023 | View data | ||
| 3 | 3 United Kingdom | 86.39 | 2023 | View data | ||
| 4 | 4 France | 85.05 | 2023 | View data | ||
| 5 | 5 Austria | 71.01 | 2023 | View data | ||
| 15 | 15 Australia | 41.54 | 2023 | View data | ||
| 16 | 16 Estonia | 40.65 | 2023 | View data | ||
| 17 | 17 New Zealand | 33.76 | 2023 | |||
| 18 | 18 Croatia | 31.27 | 2023 | View data | ||
| 19 | 19 Israel | 27.94 | 2023 | View data | ||
