The Motor Vehicles Parts and Accessories Market in Greece experienced fluctuations over the past decade. From 2013 to 2023, the market grew from 1.379 to 1.6558 billion USD, with notable annual variations. The market saw steady growth until 2019, followed by a significant drop in 2020 due to global factors, before rebounding in subsequent years. The last two years exhibited moderate year-on-year growth rates of 6.41% (2022) and 1.06% (2023). The compound annual growth rate (CAGR) over the past five years was 0.6%. As of 2023, the market stood at 1.6558 billion USD.
Future trends to watch for include:
- Technological advancements in automotive manufacturing
- The impact of electric vehicle adoption on parts demand
- Global supply chain dynamics
- Economic policies affecting automotive industries
How does Greece rank in Motor Vehicles Parts and Accessories Market Size Value?
| # | 45 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 235,410,000,000 | 2023 | +4.39% | +0.72% | View data |
| 2 | 2 Germany | 156,470,000,000 | 2023 | +1.79% | +1.62% | View data |
| 3 | 3 Japan | 115,890,000,000 | 2023 | -1.84% | -2.75% | View data |
| 4 | 4 France | 74,756,000,000 | 2023 | +0.83% | -0.36% | View data |
| 5 | 5 United Kingdom | 66,161,000,000 | 2023 | +0.35% | -0.9% | View data |
| 21 | 21 Denmark | 2,299,900,000 | 2023 | -0.67% | -0.35% | View data |
| 22 | 22 Philippines | 2,217,700,000 | 2023 | -1.75% | -2.11% | View data |
| 23 | 23 Greece | 1,655,800,000 | 2023 | +1.06% | +0.6% | |
| 24 | 24 Peru | 1,627,600,000 | 2023 | +2.83% | +1.68% | View data |
| 25 | 25 New Zealand | 1,589,200,000 | 2023 | +1.6% | +1.2% | View data |
