The market size for motor vehicle clutches and parts per capita in Guyana has shown consistent growth from 2013 to 2023, reaching $2.31 per capita in 2023. Over the past two years, the year-on-year percentage variation has been modest: a growth of 0.87% from 2021 to 2022, and a further 0.43% increase from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years stands at 0.83%, indicating a steady but modest upward trend in market size.
Future Trends to Watch:
- Potential shifts in consumer preferences or technological advancements in automotive parts.
- Economic factors influencing disposable income and vehicle ownership rates.
- Impact of regulatory changes on automotive part imports and quality standards.
| # | 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 | ||
| 38 | 38 Bolivia | 3.08 | 2023 | View data | ||
| 39 | 39 Indonesia | 2.4 | 2023 | View data | ||
| 40 | 40 Guyana | 2.31 | 2023 | |||
| 41 | 41 Morocco | 2.09 | 2023 | View data | ||
| 42 | 42 Honduras | 1.87 | 2023 | View data | ||
