In 2023, the Motor Vehicles Parts and Accessories Market Size per Capita in Kyrgyzstan reached $22.6. Notably, the year-on-year growth from 2022 to 2023 was 1.53%. Over the past two years, the market observed a positive trend, with 2022 experiencing a 6.92% increase over 2021. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 stands at approximately 2.80%, highlighting a gradual upward trend over the last five years.
Future trends to watch for:
- Potential market expansion driven by increased vehicle ownership.
- Impacts of economic changes and inflation on market per capita value.
- Technological advancements in vehicle parts and accessories.
- Regulatory changes affecting imports and local market dynamics.
| # | 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 | ||
| 40 | 40 India | 24.03 | 2023 | View data | ||
| 41 | 41 Honduras | 23.37 | 2023 | View data | ||
| 42 | 42 Kyrgyzstan | 22.6 | 2023 | |||
| 43 | 43 Philippines | 19.67 | 2023 | View data | ||
| 44 | 44 Kenya | 12.2 | 2023 | View data | ||
