The motor vehicle bumpers and bumper parts market in Saudi Arabia per capita peaked at $8.53 in 2015, followed by a notable decline to $5.48 in 2023. The year-on-year analysis reveals minor fluctuations from 2021 to 2023: 5.34 to 5.55 (3.93%) and 5.55 to 5.48 (-1.26%). From 2019 to 2023, the CAGR (Compound Annual Growth Rate) indicates a slight decline of approximately -0.80% annually.
Future trends to watch include the potential impact of technology-driven enhancements in material sustainability and design, as well as shifts in consumer preferences toward electric and hybrid vehicles, which may influence the bumper market dynamics.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 50.6 | 2023 | View data | ||
| 2 | 2 Austria | 35.45 | 2023 | View data | ||
| 3 | 3 Australia | 32.71 | 2023 | View data | ||
| 4 | 4 Germany | 32.38 | 2023 | View data | ||
| 5 | 5 Norway | 29.95 | 2023 | View data | ||
| 20 | 20 Poland | 9.3 | 2023 | View data | ||
| 21 | 21 Barbados | 7.62 | 2023 | View data | ||
| 22 | 22 Saudi Arabia | 5.48 | 2023 | |||
| 23 | 23 Romania | 5.13 | 2023 | View data | ||
| 24 | 24 Mauritius | 3.95 | 2023 | View data | ||
