The motor vehicle transmissions market in Mauritius witnessed fluctuations from 2013 to 2023, peaking at USD 1.7871 million in 2023. Key trends included significant growth in 2017 and 2018 following declines in earlier years. Recent years show steady growth, with a 6.44% increase in 2022 and a slight 1.08% rise in 2023. The five-year compound annual growth rate was 0.43%, highlighting moderate growth as the market rebounded from a downturn in 2020.
Future trends to watch include shifts towards electric and hybrid vehicle transmissions, increasing demand for fuel efficiency, and potential impacts of supply chain developments on the transmission market in Mauritius.
How does Mauritius rank in Motor Vehicle Transmissions Market Size Value?
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 72,472,000,000 | 2023 | +3.41% | +0.32% | View data |
| 2 | 2 France | 14,320,000,000 | 2023 | +2.01% | +1.58% | View data |
| 3 | 3 United Kingdom | 11,349,000,000 | 2023 | -0.23% | -0.067% | View data |
| 4 | 4 Spain | 4,801,300,000 | 2023 | -12.5% | -9.54% | View data |
| 5 | 5 South Korea | 4,552,900,000 | 2023 | +4.04% | +3.09% | View data |
| 23 | 23 Uruguay | 11,325,000 | 2023 | -0.96% | -3.39% | View data |
| 24 | 24 El Salvador | 6,820,400 | 2023 | +2.34% | +3.36% | View data |
| 25 | 25 Mauritius | 1,787,100 | 2023 | +1.08% | +0.43% | |
| 26 | 26 Barbados | 1,082,700 | 2023 | +0.56% | +2.62% | View data |
