From 2012 to 2022, Ghana's motor vehicles shock absorbers market value per capita has experienced fluctuations. Beginning at 0.56 percent USD per capita in 2012, it slightly dipped to 0.52 in 2016, then rebounded to 0.65 by 2022. From 2021 to 2022, there was a significant increase of approximately 6.56%. The compound annual growth rate (CAGR) over the last five years indicates a steady increase of around 2.05% per annum.
Future trends to watch for include the impact of technological advancements and green vehicle growth. These could drive further demand or shifts in the shock absorbers sector, as well as potential influences from economic policies or infrastructure developments within Ghana.
| # | 42 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 52.47 | 2023 | View data | ||
| 2 | 2 Belgium | 47.1 | 2023 | View data | ||
| 3 | 3 Spain | 40.62 | 2023 | View data | ||
| 4 | 4 France | 37.44 | 2023 | View data | ||
| 5 | 5 Japan | 36.07 | 2023 | View data | ||
| 39 | 39 Egypt | 1.09 | 2023 | View data | ||
| 40 | 40 Sri Lanka | 0.92 | 2023 | View data | ||
| 41 | 41 Ghana | 0.66 | 2023 | |||
| 42 | 42 Madagascar | 0.12 | 2023 | View data | ||
