In Tunisia, the Market Size Value Per Capita for Motor Vehicle Shock Absorbers saw a progressive increase from 2013 through 2023, reaching $2.10. Notably, the market rebounded strongly from a dip in 2020 to show consistent growth with a year-on-year increase of approximately 1.04% in 2023. Examining a broader timeline, the five-year compound annual growth rate (CAGR) stands at around 1.62%, showcasing a steady upward trend over the last several years.
Future trends to watch include:
- The shift towards electric vehicles and how this affects demand.
- Potential impacts of technological advancements in automotive parts.
- Economic and regulatory changes that could influence automotive markets.
| # | 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 | ||
| 36 | 36 Dominican Republic | 3.23 | 2023 | View data | ||
| 37 | 37 Jamaica | 3.03 | 2023 | View data | ||
| 38 | 38 Tunisia | 2.1 | 2023 | |||
| 39 | 39 Egypt | 1.09 | 2023 | View data | ||
| 40 | 40 Sri Lanka | 0.92 | 2023 | View data | ||