From 2013 to 2023, Costa Rica's motor vehicle transmissions market size value per capita showed fluctuations, peaking at $2.98 in 2016 and dropping to a low of $2.10 in 2020. In 2023, the value stood at $2.66, marking an increase from 2022. Year-on-year, the market grew by 1.53% from 2022 to 2023, and by 3.14% from 2021 to 2022. The compound annual growth rate (CAGR) over the last five years was approximately 1.75%, indicating a moderate upward trend.
Future trends to watch for include:
- Technological advancements shaping the automatic transmission segment.
- Increasing demand for eco-friendly and fuel-efficient vehicles driving the market.
- Regulatory impacts and trade policies affecting import and export dynamics.
| # | 24 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 211.88 | 2023 | View data | ||
| 2 | 2 United Kingdom | 167.95 | 2023 | View data | ||
| 3 | 3 Belgium | 136.67 | 2023 | View data | ||
| 4 | 4 Spain | 114.61 | 2023 | View data | ||
| 5 | 5 South Korea | 83.57 | 2023 | View data | ||
| 17 | 17 South Africa | 3.57 | 2023 | View data | ||
| 18 | 18 Uruguay | 3.48 | 2023 | View data | ||
| 19 | 19 Costa Rica | 2.66 | 2023 | |||
| 20 | 20 Paraguay | 2.51 | 2023 | View data | ||
| 21 | 21 Bulgaria | 2.47 | 2023 | View data | ||
