The motor vehicle clutches and parts market in Jordan showed fluctuations with a decline from 2013 to 2016, before rebounding and stabilizing from 2017 onward. The per capita value stood at $0.78 in 2023. Notably, from 2022 to 2023, the value remained steady, and the compound annual growth rate (CAGR) from 2019 to 2023 stood at approximately 0.25%, indicating limited growth. Overall, the stability post-2018 reflects consistent demand despite market challenges.
Future trends to watch for:
- Technological advancements in clutch designs could shift demand toward innovatively designed components.
- Potential economic fluctuations and vehicle sales in Jordan may impact market dynamics.
- Increasing adoption of automatic transmissions might influence clutch part demand.
| # | 50 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55.71 | 2023 | View data | ||
| 2 | 2 Canada | 38.72 | 2023 | View data | ||
| 3 | 3 France | 34.83 | 2023 | View data | ||
| 4 | 4 Japan | 26.72 | 2023 | View data | ||
| 5 | 5 United Kingdom | 26.46 | 2023 | View data | ||
| 44 | 44 Lebanon | 1.81 | 2023 | View data | ||
| 45 | 45 Kenya | 0.96 | 2023 | View data | ||
| 46 | 46 Jordan | 0.78 | 2023 | |||
| 47 | 47 Botswana | 0.5 | 2023 | View data | ||
| 48 | 48 Zambia | 0.22 | 2023 | View data | ||