The Motor Vehicles Parts and Accessories market in Thailand saw fluctuations from 2013 to 2023, starting at $250.46 per capita in 2013 and decreasing to $183.67 per capita in 2023. Notably, a significant dip occurred by 2020, reaching a low of $161.93. In 2023, the value stood at $183.67 per capita. Year-on-year analysis from 2022 to 2023 showed a minor decline. The compound annual growth rate (CAGR) over the last five years indicates an overall negative trend.
Future trends to watch for include:
- The impact of technological advancements in vehicle parts and accessories.
- The influence of shifting consumer preferences towards eco-friendly and electric vehicle components.
- Potential policy changes affecting automotive sectors, such as environmental regulations.
| # | 45 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,880 | 2023 | View data | ||
| 2 | 2 Austria | 1,590 | 2023 | View data | ||
| 3 | 3 Spain | 1,360 | 2023 | View data | ||
| 4 | 4 Belgium | 1,280 | 2023 | View data | ||
| 5 | 5 France | 1,100 | 2023 | View data | ||
| 20 | 20 Malaysia | 201.56 | 2023 | View data | ||
| 21 | 21 Chile | 198.33 | 2023 | View data | ||
| 22 | 22 Thailand | 183.67 | 2023 | |||
| 23 | 23 China | 161.05 | 2023 | View data | ||
| 24 | 24 Croatia | 159.46 | 2023 | View data | ||