The market size for motor vehicle mufflers and exhaust pipes in Denmark has shown a significant decline from 2013 to 2023, dropping from $35.54 to $17.72 per capita. From 2021 to 2022, the year-on-year decrease was approximately 9.44%, and from 2022 to 2023, it was around 9.47%. Over the last five years, the compound annual growth rate (CAGR) was about -8.03%, indicating a steady downward trend.
Future trends to watch for include the impact of increasing electric vehicle adoption, which reduces demand for traditional exhaust systems. Additionally, regulatory changes aimed at reducing emissions could further decrease market value, prompting shifts toward innovative exhaust technology solutions.
| # | 21 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.11 | 2023 | View data | ||
| 2 | 2 Belgium | 34.09 | 2023 | View data | ||
| 3 | 3 United Kingdom | 32.77 | 2023 | View data | ||
| 4 | 4 France | 31.56 | 2023 | View data | ||
| 5 | 5 Denmark | 17.72 | 2023 | |||
| 6 | 6 Spain | 17.04 | 2023 | View data | ||
| 7 | 7 Italy | 13.73 | 2023 | View data | ||
