The Special Purpose Motor Vehicles Market Size Value Per Capita in Belgium has shown a general upward trend from 2012 to 2022, reaching 31.41 USD in 2022. The market experienced a notable growth period from 2014 to 2017, where the values increased markedly from 26.83 USD to 33.77 USD. However, there were declines in 2019 and 2020, followed by a slight recovery in 2022. Year-on-year variation over the last two years indicates a 4.9% increase from 2021 to 2022. The CAGR over the last five years (2018-2022) reflects an average annual growth rate of -1.2%, hinting at fluctuations with a overall slight decline in recent years.
Future trends to watch for include potential market stabilization or growth driven by technological advancements, increased investments in infrastructure, and a stronger regulatory focus on sustainable and efficient transport solutions. These factors may catalyze a positive trend in the Special Purpose Motor Vehicles Market moving forward.
How does Belgium rank in Special Purpose Motor Vehicles Market Size Value Per Capita?
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 70.07 | 2023 | View data | ||
| 2 | 2 Austria | 45.97 | 2023 | View data | ||
| 3 | 3 Sweden | 36.96 | 2023 | View data | ||
| 4 | 4 France | 32.81 | 2023 | View data | ||
| 5 | 5 Belgium | 26.56 | 2023 | |||
| 6 | 6 Denmark | 25.09 | 2023 | View data | ||
| 7 | 7 Italy | 22.61 | 2023 | View data | ||
