The Motor Vehicles Parts and Accessories market in El Salvador values $44.34 USD per capita in 2023. A comparison with the previous year shows a smaller growth of 3% from 2022. However, over the last 5 years, the compound annual growth rate (CAGR) stands at approximately 3%, reflecting moderate recovery and consistent growth since the drop in 2020.
Trends suggest ongoing recovery and stabilization post-pandemic as increased consumer spending and vehicle ownership catalyze market growth. Future watch points include economic shifts affecting purchasing power, technological advances in parts and accessories, and policy changes in automotive imports and manufacturing.
How does El Salvador rank in Motor Vehicles Parts and Accessories Market Size Value Per Capita?
| # | 45 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,880 | 2023 | View data | ||
| 2 | 2 Austria | 1,590 | 2023 | View data | ||
| 3 | 3 Spain | 1,360 | 2023 | View data | ||
| 4 | 4 Belgium | 1,280 | 2023 | View data | ||
| 5 | 5 France | 1,100 | 2023 | View data | ||
| 34 | 34 Peru | 49.48 | 2023 | View data | ||
| 35 | 35 Guatemala | 44.91 | 2023 | View data | ||
| 36 | 36 El Salvador | 44.34 | 2023 | |||
| 37 | 37 Dominican Republic | 42.88 | 2023 | View data | ||
| 38 | 38 Jamaica | 34.3 | 2023 | View data | ||
