The motor vehicles clutches and parts market size per capita in Portugal showed fluctuations between 2013 and 2023. In 2023, it stood at 15.23 USD. The notable increases occurred in 2017 and 2021, with consistent growth resuming post-2020. In 2022 and 2023, there were year-on-year increases of 5.76% and 0.53%, respectively. The compound annual growth rate (CAGR) over the last five years was approximately 2.67%, indicating a steady recovery from the 2020 dip.
Future trends to watch for:
- Increasing prioritization of electric vehicles, potentially affecting demand for traditional clutches.
- Technological advancements in clutch systems could drive innovation in the market.
- Economic factors like inflation and consumer purchasing power will influence market growth.
| # | 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 | ||
| 8 | 8 Slovenia | 17.8 | 2023 | View data | ||
| 9 | 9 Croatia | 15.88 | 2023 | View data | ||
| 10 | 10 Portugal | 15.23 | 2023 | |||
| 11 | 11 Finland | 13.85 | 2023 | View data | ||
| 12 | 12 Australia | 13.6 | 2023 | View data | ||
