From 2013 to 2023, Costa Rica's motor vehicle clutches and parts market showed fluctuations in value per capita, rising from $4.76 to $5.64. After peaking at $6 in 2017, a decline was observed until 2020 with $4.56. A rebound followed, with a 2023 per capita value of $5.64. Year-on-year variations for 2021-2022 were +6.28% and for 2022-2023 were +0.89%. The 5-year CAGR (2019-2023) was +1.53%, showing moderate growth.
Future trends to watch for:
- Technological advancements in vehicle efficiency and sustainability.
- Impact of electric and hybrid vehicles on parts demand.
- Regional economic changes influencing consumer spending.
| # | 50 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55.71 | 2023 | View data | ||
| 2 | 2 Canada | 38.72 | 2023 | View data | ||
| 3 | 3 France | 34.83 | 2023 | View data | ||
| 4 | 4 Japan | 26.72 | 2023 | View data | ||
| 5 | 5 United Kingdom | 26.46 | 2023 | View data | ||
| 22 | 22 Denmark | 5.76 | 2023 | View data | ||
| 23 | 23 Peru | 5.68 | 2023 | View data | ||
| 24 | 24 Costa Rica | 5.64 | 2023 | |||
| 25 | 25 Switzerland | 5.63 | 2023 | View data | ||
| 26 | 26 Iceland | 5.47 | 2023 | View data | ||
