The Diesel Automotive market in Belize for vehicles with engines over 1500cc and 2500cc has seen fluctuations in value per capita. From $14.02 in 2013 to $13.86 in 2023, a nominal decrease is observed. The last two years showed slight growth: in 2022, per capita spending rose by 5.52%, followed by a marginal increase of 0.22% in 2023. The five-year CAGR is -0.27%, indicating a subtle declining trend.
Future trends to watch include stricter environmental regulations potentially diminishing diesel demand, the impact of electric vehicle adoption, and economic conditions influencing automotive spending in Belize.
| # | 18 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 223.61 | 2023 | View data | ||
| 2 | 2 Belgium | 187.03 | 2023 | View data | ||
| 3 | 3 Japan | 84.41 | 2023 | View data | ||
| 4 | 4 Montenegro | 80.04 | 2023 | View data | ||
| 5 | 5 Slovenia | 74.6 | 2023 | View data | ||
| 11 | 11 Chile | 14.23 | 2023 | View data | ||
| 12 | 12 Brazil | 13.88 | 2023 | View data | ||
| 13 | 13 Belize | 13.86 | 2023 | |||
| 14 | 14 Guatemala | 10.21 | 2023 | View data | ||
| 15 | 15 Kenya | 7.6 | 2023 | View data | ||
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