The Motor Vehicles Clutches and Motor Vehicle Clutches Parts market in Mauritius demonstrated consistent growth from 2013 to 2023, with market size reaching $6.243 million in 2023. The year-on-year growth varied, with notable highs in 2015 and 2021 at 9.71% and 16.66%, respectively. However, a significant drop occurred in 2020 due to external factors impacting global markets. The compound annual growth rate over the last five years was 2.7%, reflecting moderate yet steady expansion.
Future trends to watch for in this market include:
- The impact of technological innovations such as hybrid and electric vehicles on traditional clutch mechanisms.
- Potential regulatory changes impacting import-export dynamics within Mauritius.
- Shifts in consumer preferences towards more sustainable automotive solutions.
How does Mauritius rank in Motor Vehicles Clutches and Motor Vehicle Clutches Parts Market Size Value?
| # | 56 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,279,000,000 | 2023 | +1.67% | +1.46% | View data |
| 2 | 2 China | 6,050,400,000 | 2023 | +2.89% | +2% | View data |
| 3 | 3 Germany | 4,636,400,000 | 2023 | +1.94% | +1.85% | View data |
| 4 | 4 Japan | 3,361,100,000 | 2023 | -1.36% | -0.94% | View data |
| 5 | 5 France | 2,358,600,000 | 2023 | +0.74% | +0.82% | View data |
| 44 | 44 Jordan | 8,055,900 | 2023 | +2.57% | +0.61% | View data |
| 45 | 45 Uganda | 6,912,000 | 2023 | +4.36% | +4.39% | View data |
| 46 | 46 Mauritius | 6,243,000 | 2023 | +1.78% | +2.7% | |
| 47 | 47 Cyprus | 6,140,900 | 2023 | +0.67% | +1.93% | View data |
| 48 | 48 Jamaica | 5,498,100 | 2023 | +1.55% | +2.85% | View data |