The Motor Vehicles Parts and Accessories Market in Mauritius has demonstrated notable fluctuations over the past decade. From 2013's $56.618 million, there was a steady increase to $88.987 million in 2023, reflecting growth with intermittent declines. The most significant drop occurred in 2020, likely due to the global pandemic's impact on supply chains and consumer spending, while a rapid recovery in 2021 and consistent growth in subsequent years restored market momentum. The compound annual growth rate (CAGR) observed over the last five years stands at 3.39%, indicating a moderate yet stable expansion.
Future trends to watch include the increasing adoption of electric vehicles (EVs), which will demand a shift in parts and accessories. Additionally, advancements in automotive technology and connectivity, along with potential regulatory changes aimed at emissions and sustainability, are expected to drive market adjustments and new growth opportunities.
| # | 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 |
| 40 | 40 Kyrgyzstan | 149,620,000 | 2023 | +2.22% | +3.76% | View data |
| 41 | 41 Jamaica | 101,940,000 | 2023 | +0.71% | +0.84% | View data |
| 42 | 42 Mauritius | 88,987,000 | 2023 | +2.65% | +3.39% | |
| 43 | 43 Malta | 59,940,000 | 2023 | +0.73% | -0.67% | View data |
| 44 | 44 Barbados | 41,719,000 | 2023 | +1.28% | +2.13% | View data |
