The Spark Ignition Engine Automotive market in Albania, specifically for engines between 1000 and 1500cc, has shown a declining trend from 2013 to 2023. As of 2023, the market size value stood at 13.75 USD per capita, decreasing from 18.64 USD per capita in 2013. Over the last two years, the market saw a reduction with a year-on-year decline of 2.6% from 2021 to 2022 and of 2.6% from 2022 to 2023. From 2019 to 2023, the market experienced a negative Compound Annual Growth Rate (CAGR) of approximately 1.75%.
Future trends may include technological advancements and shifts towards alternative energies affecting demand. Watch for changes in consumer preferences and potential government policies encouraging eco-friendly transportation options, which could impact the market trajectory.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 578.27 | 2023 | View data | ||
| 2 | 2 Israel | 530.67 | 2023 | View data | ||
| 3 | 3 Finland | 414.02 | 2023 | View data | ||
| 4 | 4 Austria | 409.3 | 2023 | View data | ||
| 5 | 5 Sweden | 380.45 | 2023 | View data | ||
| 10 | 10 Japan | 156.62 | 2023 | View data | ||
| 11 | 11 Indonesia | 17.82 | 2023 | View data | ||
| 12 | 12 Albania | 13.75 | 2023 | |||
| 13 | 13 Morocco | 13.56 | 2023 | View data | ||
| 14 | 14 Ghana | 11.61 | 2023 | View data | ||
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