The Bicycle Pedals, Crank-Gear and Pedals and Crank-Gear Parts market in Indonesia stood at $0.29 per capita in 2023. From 2019 to 2023, the market value displayed a steady increase with a Compound Annual Growth Rate (CAGR) of approximately 0.87%. Specifically, there has been a year-on-year increase of around 3.57% from 2021 to 2022 and no increase from 2022 to 2023, indicating a stabilization.
Looking ahead, factors influencing future trends include urbanization, environmental awareness, and potential governmental incentives encouraging cycling, which may enhance market growth. Monitoring how these factors evolve will be crucial to understanding future market directions.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 3.28 | 2023 | View data | ||
| 2 | 2 Switzerland | 2.95 | 2023 | View data | ||
| 3 | 3 Italy | 2.58 | 2023 | View data | ||
| 4 | 4 France | 2.33 | 2023 | View data | ||
| 5 | 5 Norway | 2.1 | 2023 | View data | ||
| 11 | 11 Slovenia | 0.73 | 2023 | View data | ||
| 12 | 12 Croatia | 0.47 | 2023 | View data | ||
| 13 | 13 Indonesia | 0.29 | 2023 | |||
| 14 | 14 Mexico | 0.25 | 2023 | View data | ||
| 15 | 15 Honduras | 0.17 | 2023 | View data | ||
