From 2013 to 2023, Ireland's Motor Vehicle Clutches and Parts market saw fluctuations in per capita value starting at $7.02 in 2013 and declining to $4.04 by 2023. The most notable drop occurred between 2015 and 2016, continuing a downward trend towards the early 2020s, with a minor rebound in 2021 before another slight decrease. The year-over-year change for 2022-2023 was -5.61%. The CAGR over the last five years stands at -2.60%, indicating a general downtrend over this period.
Future trends may be influenced by shifts towards electric vehicles, which require fewer traditional clutch components, impacting demand. The emphasis will likely shift towards innovation in clutch technology and a pivot to electric vehicle components.
| # | 50 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55.71 | 2023 | View data | ||
| 2 | 2 Canada | 38.72 | 2023 | View data | ||
| 3 | 3 France | 34.83 | 2023 | View data | ||
| 4 | 4 Japan | 26.72 | 2023 | View data | ||
| 5 | 5 United Kingdom | 26.46 | 2023 | View data | ||
| 33 | 33 China | 4.32 | 2023 | View data | ||
| 34 | 34 Colombia | 4.14 | 2023 | View data | ||
| 35 | 35 Ireland | 4.04 | 2023 | |||
| 36 | 36 Paraguay | 3.45 | 2023 | View data | ||
| 37 | 37 El Salvador | 3.28 | 2023 | View data | ||
