The Motor Vehicles Parts and Accessories market in Malta was valued at 59.94 million USD in 2023. Between 2013 and 2023, the market experienced fluctuations, with notable growth in 2018 and a significant dip in 2020. Recent years have seen moderate recovery, with a 0.73% increase in 2023 and a declining average annual change rate of -0.67% over five years. Future trends of interest include:
- Increased demand for electric vehicle components
- Technological advancements in automotive parts
- Regulatory changes in automotive safety and emissions
- Shifts in consumer preferences towards sustainable products
| # | 45 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 235,410,000,000 | 2023 | +4.39% | +0.72% | View data |
| 2 | 2 Germany | 156,470,000,000 | 2023 | +1.79% | +1.62% | View data |
| 3 | 3 Japan | 115,890,000,000 | 2023 | -1.84% | -2.75% | View data |
| 4 | 4 France | 74,756,000,000 | 2023 | +0.83% | -0.36% | View data |
| 5 | 5 United Kingdom | 66,161,000,000 | 2023 | +0.35% | -0.9% | View data |
| 41 | 41 Jamaica | 101,940,000 | 2023 | +0.71% | +0.84% | View data |
| 42 | 42 Mauritius | 88,987,000 | 2023 | +2.65% | +3.39% | View data |
| 43 | 43 Malta | 59,940,000 | 2023 | +0.73% | -0.67% | |
| 44 | 44 Barbados | 41,719,000 | 2023 | +1.28% | +2.13% | View data |
| 45 | 45 Benin | 16,709,000 | 2023 | +1.16% | +1.62% | View data |
