The motor vehicle transmissions market size value per capita in Lebanon experienced varied growth from 2013 to 2023, reaching $1.99 in 2023. Notably, from 2021 to 2023, the market value per capita increased by approximately 8.38%, indicating a positive trajectory. Over the last five years, the compound annual growth rate (CAGR) was moderate, reflecting a consistent market expansion.
Future trends to watch for include technological advancements in transmission systems, a potential increase in demand due to economic recovery, and consumer preference shifts toward more efficient vehicles that could impact market growth. These factors may influence the market's evolution in Lebanon.
| # | 24 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 211.88 | 2023 | View data | ||
| 2 | 2 United Kingdom | 167.95 | 2023 | View data | ||
| 3 | 3 Belgium | 136.67 | 2023 | View data | ||
| 4 | 4 Spain | 114.61 | 2023 | View data | ||
| 5 | 5 South Korea | 83.57 | 2023 | View data | ||
| 20 | 20 Paraguay | 2.51 | 2023 | View data | ||
| 21 | 21 Bulgaria | 2.47 | 2023 | View data | ||
| 22 | 22 Lebanon | 1.99 | 2023 | |||
| 23 | 23 Mauritius | 1.41 | 2023 | View data | ||
| 24 | 24 El Salvador | 1.05 | 2023 | View data | ||
