The Motor Vehicle Wheels and Parts market in Indonesia showed a steady per capita value rise from 2013 to 2018, peaking at 3.58 USD. After a decline in 2019 and 2020, the market rebounded in 2021 and stabilized around 3.57 USD in 2023. The 2022 to 2023 period exhibited a slight increase of 1.42%. The five-year Compound Annual Growth Rate (CAGR) since 2018 was approximately 0.55%, indicating moderate growth.
In the future, watch for:
- Disruptions in global supply chains impacting production costs.
- Indonesia's economic conditions affecting disposable income and market demand.
- Technological advancements in wheel manufacturing potentially prompting market shifts.
| # | 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 | ||
| 22 | 22 Mauritius | 4.55 | 2023 | View data | ||
| 23 | 23 Malta | 3.99 | 2023 | View data | ||
| 24 | 24 Indonesia | 3.57 | 2023 | |||
| 25 | 25 Dominican Republic | 3.54 | 2023 | View data | ||
| 26 | 26 Paraguay | 3.27 | 2023 | View data | ||
