The Brake System Parts market in Iceland reached a value per capita of $61.94 in 2023. Over the past decade, this market has experienced fluctuations, with peaks in 2017 and a dip during 2020. Year-on-year, the market saw a 1.85% increase from 2022 to 2023. The five-year Compound Annual Growth Rate (CAGR) stands at approximately 1.06%, reflecting gradual growth since 2019.
Future trends to watch for include:
- Technological advancements in brake system parts that could drive demand.
- Potential impact of economic and environmental policies on parts manufacturing.
- Shifts in global supply chains affecting availability and pricing in Iceland.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 100.22 | 2023 | View data | ||
| 2 | 2 Italy | 97.4 | 2023 | View data | ||
| 3 | 3 United Kingdom | 86.39 | 2023 | View data | ||
| 4 | 4 France | 85.05 | 2023 | View data | ||
| 5 | 5 Austria | 71.01 | 2023 | View data | ||
| 6 | 6 Spain | 64.93 | 2023 | View data | ||
| 7 | 7 Lithuania | 63.34 | 2023 | View data | ||
| 8 | 8 Iceland | 61.94 | 2023 | |||
| 9 | 9 Japan | 56.42 | 2023 | View data | ||
| 10 | 10 Switzerland | 51.95 | 2023 | View data | ||
