The Brake System Parts market in Costa Rica, measured in dollar value per capita, increased to $8.29 in 2023. The recent year-on-year growth rates were noteworthy: a 6.93% increase from 2021 to 2022 and a 1.47% increase from 2022 to 2023, indicating a recovery trend post the 2020 dip. Analyzing the past five years (2018-2023), the compound annual growth rate (CAGR) stands at approximately 1.20%, demonstrating moderate recovery and growth.
Future trends to watch for include advancements in brake system technologies and their adoption rate, potential economic factors influencing purchasing power in Costa Rica, and any legislative changes impacting the automotive parts industry.
| # | 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 | ||
| 30 | 30 Mauritius | 11.17 | 2023 | View data | ||
| 31 | 31 Ecuador | 10.35 | 2023 | View data | ||
| 32 | 32 Costa Rica | 8.29 | 2023 | |||
| 33 | 33 Peru | 6.76 | 2023 | View data | ||
| 34 | 34 Colombia | 6.49 | 2023 | View data | ||
