The Spark Ignition Engine Automotive market with engines over 3000cc in Cameroon has shown fluctuations over the years. In 2023, the per capita market size value was $2.52. Over the last two years, the market showed a marginal increase in value by 4.4% in 2022 and a slight decline of 0.4% in 2023. The five-year CAGR from 2018 to 2023 reveals an average annual decline, indicating a market under pressure, possibly due to changing preferences or economic factors.
Future trends to watch for:
- Emergence of more environmentally friendly vehicle options potentially affecting demand for larger engines.
- Economic factors and exchange rates influencing vehicle import costs and market accessibility.
- Government regulations impacting vehicle imports and technology requirements in Cameroon.
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