The motor vehicle transmissions market size value per capita in Paraguay reached $2.51 in 2023, marking a slight increase from $2.5 in 2022. This reflects a 0.4% year-on-year growth. Over the past decade, the market faced fluctuations, especially a dip to $2.05 in 2020. However, a positive recovery trajectory emerged post-2020. The five-year CAGR from 2018 to 2023 stood around 0.16%, indicating minimal but stable growth.
Future trends to watch for include potential impacts from advancements in electric vehicle technology, changes in international trade agreements, and domestic economic conditions, which could further influence market dynamics in Paraguay.
| # | 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 | ||
| 18 | 18 Uruguay | 3.48 | 2023 | View data | ||
| 19 | 19 Costa Rica | 2.66 | 2023 | View data | ||
| 20 | 20 Paraguay | 2.51 | 2023 | |||
| 21 | 21 Bulgaria | 2.47 | 2023 | View data | ||
| 22 | 22 Lebanon | 1.99 | 2023 | View data | ||
