The annual per capita market value for spark ignition engines (1,000 to 1,500cc) in the Netherlands declined from $328.99 in 2013 to $209.5 in 2023. Year-on-year analysis reveals a consistent decline for the last two years: a 3.86% decrease from 2021 to 2022, followed by a 3.73% drop from 2022 to 2023. The compound annual growth rate (CAGR) stands at approximately -5.53% over the past five years, indicating a steady decrease in market size per capita.
Future trends to watch for:
- Increasing adoption of electric vehicles affecting demand for spark ignition engines.
- Potential economic shifts influencing consumer spending and preferences.
- Regulatory changes potentially impacting the automotive market dynamics.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 578.27 | 2023 | View data | ||
| 2 | 2 Israel | 530.67 | 2023 | View data | ||
| 3 | 3 Finland | 414.02 | 2023 | View data | ||
| 4 | 4 Austria | 409.3 | 2023 | View data | ||
| 5 | 5 Sweden | 380.45 | 2023 | View data | ||
| 7 | 7 New Zealand | 302.61 | 2023 | View data | ||
| 8 | 8 Barbados | 292.25 | 2023 | View data | ||
| 9 | 9 Netherlands | 209.5 | 2023 | |||
| 10 | 10 Japan | 156.62 | 2023 | View data | ||
| 11 | 11 Indonesia | 17.82 | 2023 | View data | ||
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