The motor vehicle clutches and parts market in Mauritius exhibited a steady growth from 2013 to 2023, with per capita value reaching $4.92 in 2023. The annual percentage variation highlights notable fluctuations, particularly a decline in 2020 likely due to economic disruptions. Over the past two years, the market showed robust recovery with a year-on-year growth leading to a compound annual growth rate (CAGR) of approximately 2.66% over the past five years.
Future trends to watch for include:
- Technological advancements in clutch systems to enhance vehicle efficiency.
- Potential increased demand driven by the growth in electric and hybrid vehicles requiring specialized clutch components.
- Regulatory impacts on manufacturing standards affecting the market landscape.
| # | 50 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55.71 | 2023 | View data | ||
| 2 | 2 Canada | 38.72 | 2023 | View data | ||
| 3 | 3 France | 34.83 | 2023 | View data | ||
| 4 | 4 Japan | 26.72 | 2023 | View data | ||
| 5 | 5 United Kingdom | 26.46 | 2023 | View data | ||
| 27 | 27 Cyprus | 5.06 | 2023 | View data | ||
| 28 | 28 South Africa | 4.94 | 2023 | View data | ||
| 29 | 29 Mauritius | 4.92 | 2023 | |||
| 30 | 30 Guatemala | 4.59 | 2023 | View data | ||
| 31 | 31 Barbados | 4.55 | 2023 | View data | ||