From 2012 to 2022, Egypt's motor vehicle transmissions market has exhibited fluctuations. The market saw significant growth in the early years, with a remarkable year-on-year increase in 2012 and 2013. However, after reaching a peak in 2014, the market experienced a decline through 2018, followed by mild recovery phases and further contractions. Specifically, the market contraction between 2018 and 2020 was notable, with the lowest value recorded in 2020. A mild recovery was noted in 2021 and 2022, yet the average annual change (CAGR) from 2017 to 2022 was approximately -0.097%.
Key trends for future analysis include:
- Technological advancements in vehicle transmissions that could spur market growth.
- Increasing consumer demand for fuel-efficient and electric vehicles.
- Potential economic and regulatory changes within Egypt that could impact market dynamics.
How does Egypt rank in Motor Vehicle Transmissions Market Size Value?
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 72,472,000,000 | 2023 | +3.41% | +0.32% | View data |
| 2 | 2 France | 14,320,000,000 | 2023 | +2.01% | +1.58% | View data |
| 3 | 3 United Kingdom | 11,349,000,000 | 2023 | -0.23% | -0.067% | View data |
| 4 | 4 Spain | 4,801,300,000 | 2023 | -12.5% | -9.54% | View data |
| 5 | 5 South Korea | 4,552,900,000 | 2023 | +4.04% | +3.09% | View data |
| 8 | 8 Australia | 485,240,000 | 2023 | -17.46% | -10.89% | View data |
| 9 | 9 South Africa | 217,090,000 | 2023 | -0.25% | -1.27% | View data |
| 10 | 10 Egypt | 163,670,000 | 2023 | +0.5% | +1.12% | |
| 11 | 11 Switzerland | 113,070,000 | 2023 | +0.21% | +1.23% | View data |
| 12 | 12 Norway | 107,740,000 | 2023 | +2.54% | +0.58% | View data |
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