The market size value per capita for brake system parts (excluding motor vehicle linings) in Egypt decreased from $2.53 in 2013 to $1.99 in 2023. The period saw fluctuations, notably a decline from 2013-2017, with a rebound in 2018 and inconsistent growth through 2023. Analysis indicates a negative trend with an annual CAGR of approximately -0.42% over the past five years. From 2021 to 2022, the market experienced a year-on-year increase of approximately 5.26%, followed by a slight decline of 0.5% from 2022 to 2023.
Future trends to observe include technological advancements in brake system components, economic fluctuations impacting consumer spending, and potential regulatory changes affecting the automotive sector. Monitoring these factors could reveal shifts in demand and innovation-driven growth opportunities.
| # | 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 | ||
| 37 | 37 Tunisia | 4.98 | 2023 | View data | ||
| 38 | 38 Jordan | 3.89 | 2023 | View data | ||
| 39 | 39 Egypt | 1.99 | 2023 | |||
| 40 | 40 India | 1.49 | 2023 | View data | ||
| 41 | 41 Sri Lanka | 1.24 | 2023 | View data | ||
