Between 2013 and 2023, the Motor Vehicles Parts and Accessories market in Bahrain showed a growth trend in per capita value, with a notable dip in 2020 due to external disruptions. By 2023, the value stands at $210 per capita. Analyzing year-on-year variations, 2022 to 2023 saw a growth of 1.93%, while 2021 to 2022 increased by 7.36%. The 5-year CAGR from 2018 to 2023 is approximately 1.66%, indicating steady growth.
Future trends to watch include technological advancements in automotive technology, shifts towards electric vehicles, and changes in consumer purchasing behavior, which could influence further market developments in Bahrain.
| # | 45 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,880 | 2023 | View data | ||
| 2 | 2 Austria | 1,590 | 2023 | View data | ||
| 3 | 3 Spain | 1,360 | 2023 | View data | ||
| 4 | 4 Belgium | 1,280 | 2023 | View data | ||
| 5 | 5 France | 1,100 | 2023 | View data | ||
| 17 | 17 New Zealand | 312.1 | 2023 | View data | ||
| 18 | 18 Estonia | 305.77 | 2023 | View data | ||
| 19 | 19 Bahrain | 210 | 2023 | |||
| 20 | 20 Malaysia | 201.56 | 2023 | View data | ||
| 21 | 21 Chile | 198.33 | 2023 | View data | ||
