The market size value per capita for motor vehicle wheels and parts in Mauritius has shown fluctuations over the past decade, with a notable increase from $2.8 in 2013 to $4.55 in 2023. The year-on-year growth reached a peak of 36.6% in 2017 but experienced declines in subsequent years, notably dropping to $3.51 in 2020 due to potential economic impacts. By 2023, it rebounded by 4.45%. The compound annual growth rate (CAGR) over the last five years stands at 4.9%, reflecting moderate growth.
Looking ahead, industry trends suggest a focus on sustainable automotive innovations and potential shifts toward electric vehicle components, which might drive further growth or restructuring in the market.
| # | 31 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100.79 | 2023 | View data | ||
| 2 | 2 Finland | 96.33 | 2023 | View data | ||
| 3 | 3 Norway | 87.23 | 2023 | View data | ||
| 4 | 4 Belgium | 85.98 | 2023 | View data | ||
| 5 | 5 Austria | 72.6 | 2023 | View data | ||
| 20 | 20 Ecuador | 6.95 | 2023 | View data | ||
| 21 | 21 Colombia | 5.45 | 2023 | View data | ||
| 22 | 22 Mauritius | 4.55 | 2023 | |||
| 23 | 23 Malta | 3.99 | 2023 | View data | ||
| 24 | 24 Indonesia | 3.57 | 2023 | View data | ||
