The brake system parts market in Spain, excluding motor vehicle linings, reflects a fluctuating trend over the past decade with consumption per capita beginning at $69.86 in 2013 and seeing a decrease to $64.93 in 2023. The year-on-year analysis shows a decrease from 2019 to 2020 due to a sharp dip during the pandemic, followed by a recovery with a 2021 increase. The five-year CAGR from 2018 to 2023 indicates stability around $64-$65, highlighting resilience despite economic challenges.
Future trends to watch for include advancements in brake technology, shifting demand in the automotive aftermarket, and the impact of Spain's broader economic conditions and regulatory changes on market dynamics.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 100.22 | 2023 | View data | ||
| 2 | 2 Italy | 97.4 | 2023 | View data | ||
| 3 | 3 United Kingdom | 86.39 | 2023 | View data | ||
| 4 | 4 France | 85.05 | 2023 | View data | ||
| 5 | 5 Austria | 71.01 | 2023 | View data | ||
| 6 | 6 Spain | 64.93 | 2023 | |||
| 7 | 7 Lithuania | 63.34 | 2023 | View data | ||
| 8 | 8 Iceland | 61.94 | 2023 | View data | ||
