The Spark Ignition Engine Automotive market in Malaysia saw fluctuating value per capita from 2013 to 2023. The market picked up post-2017, despite declining from 2013 to 2017. Notable increases in 2018 and 2019 receded slightly during 2020 at \$96.77 amidst global disruptions. 2021 and 2022 marked recovery years, stabilizing at \$115.86 in 2023, showing a decrease from the previous year by approximately 0.20%. The five-year compound annual growth rate (CAGR) from 2018 to 2023 is moderate, indicating a complex recovery path.
Future trends to watch include the impact of economic recovery post-pandemic, shifts in consumer preference toward electric vehicles, and regulatory changes regarding emission standards which could significantly influence market dynamics for spark ignition engines in Malaysia.
| # | 18 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 943.43 | 2023 | View data | ||
| 2 | 2 United Kingdom | 712.63 | 2023 | View data | ||
| 3 | 3 Sweden | 556.09 | 2023 | View data | ||
| 4 | 4 Estonia | 501.19 | 2023 | View data | ||
| 5 | 5 Finland | 458.08 | 2023 | View data | ||
| 10 | 10 Uruguay | 171.48 | 2023 | View data | ||
| 11 | 11 Colombia | 134.16 | 2023 | View data | ||
| 12 | 12 Malaysia | 115.86 | 2023 | |||
| 13 | 13 Guatemala | 93.91 | 2023 | View data | ||
| 14 | 14 Guyana | 70.8 | 2023 | View data | ||
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