From 2013 to 2023, Uruguay's brake system parts market displayed fluctuations in per capita value, peaking in 2017 at $12.48 and declining in 2020 to $9.75. By 2023, the market stabilized at $11.90 per capita. The year-on-year variation highlights a 0.42% increase in 2023 compared to 2022. Meanwhile, the five-year CAGR from 2019 to 2023 stands at 0.37%, indicating moderate growth in the sector.
Future trends to watch include:
- The impact of new automotive technologies on brake system components.
- Growth in local and regional demand influencing market dynamics.
- Sustainability commitments potentially altering product offerings.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 100.22 | 2023 | View data | ||
| 2 | 2 Italy | 97.4 | 2023 | View data | ||
| 3 | 3 United Kingdom | 86.39 | 2023 | View data | ||
| 4 | 4 France | 85.05 | 2023 | View data | ||
| 5 | 5 Austria | 71.01 | 2023 | View data | ||
| 26 | 26 Cyprus | 12.65 | 2023 | View data | ||
| 27 | 27 Greece | 12.56 | 2023 | View data | ||
| 28 | 28 Uruguay | 11.9 | 2023 | |||
| 29 | 29 Barbados | 11.28 | 2023 | View data | ||
| 30 | 30 Mauritius | 11.17 | 2023 | View data | ||
