Motor Vehicles Parts and Accessories Market Size Value in Jordan

The Motor Vehicles Parts and Accessories Market in Jordan exhibited fluctuating performance from 2013 to 2023. It reached a market size of 365.57 million USD in 2023. Notable yearly variations include significant increases in 2015 (19.66%) and 2020 (12.66%), while substantial declines occurred in 2017 (-7.42%) and 2018 (-12.05%). Over the past five years, the market experienced modest growth with a compound annual growth rate (CAGR) of 3.88%, demonstrating recovery and resilience.

Future trends to watch for include increased demand for electric vehicle parts, advancements in automotive technology, and Jordan's economic policies impacting import-export dynamics. Monitoring these factors will be crucial for understanding market shifts.

# 45 Countries US Dollars Last Year YoY 5-years CAGR
1 1 China 235,410,000,000 2023 +4.39% +0.72% View data
2 2 Germany 156,470,000,000 2023 +1.79% +1.62% View data
3 3 Japan 115,890,000,000 2023 -1.84% -2.75% View data
4 4 France 74,756,000,000 2023 +0.83% -0.36% View data
5 5 United Kingdom 66,161,000,000 2023 +0.35% -0.9% View data
32 32 Dominican Republic 461,840,000 2023 +3% +2.64% View data
33 33 Estonia 396,000,000 2023 +1.54% +3.24% View data
34 34 Jordan 365,570,000 2023 +3.48% +3.88%
35 35 Bahrain 343,140,000 2023 +2.87% +2.49% View data
36 36 El Salvador 287,340,000 2023 +3.13% +4.24% View data

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