The Motorcycle Parts (Except Saddles) market in Guatemala saw a steady increase in value per capita from 2013 to 2023, starting at $2.8 and rising to $5.22. In the recent years, from 2021 to 2023, the year-on-year growth rates show an increase by 3% in 2022 and 2.6% in 2023. The compound annual growth rate (CAGR) for the past five years, from 2018 to 2023, is approximately 0.12%, indicating a moderate growth trend.
Going forward, this market could be influenced by factors such as technological advancements, economic conditions, and consumer preferences. Key trends to watch include the adoption of electric motorcycle parts and the impact of economic fluctuations on consumer spending power in Guatemala.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.03 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.02 | 2023 | View data | ||
| 3 | 3 France | 18.79 | 2023 | View data | ||
| 4 | 4 Australia | 12.98 | 2023 | View data | ||
| 5 | 5 Belgium | 12.27 | 2023 | View data | ||
| 13 | 13 Peru | 7.82 | 2023 | View data | ||
| 14 | 14 Costa Rica | 6.17 | 2023 | View data | ||
| 15 | 15 Guatemala | 5.22 | 2023 | |||
| 16 | 16 Ecuador | 4.48 | 2023 | View data | ||
| 17 | 17 Croatia | 2.17 | 2023 | View data | ||
