Over the past decade, El Salvador's motor vehicle transmissions market size value per capita has risen from $0.62 in 2013 to $1.05 in 2023. Between 2022 and 2023, the market grew by approximately 1.94%. The compound annual growth rate (CAGR) from 2018 to 2023 stood at around 3.15% per year, indicating a consistent upward trend despite some yearly fluctuations.
Looking ahead, anticipated factors such as economic growth, vehicle demand changes, and technological advancements in transmission systems could further influence market dynamics. Monitoring regional trade policies and international supply chain developments will also be crucial to understanding future market shifts.
| # | 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 | ||
| 22 | 22 Lebanon | 1.99 | 2023 | View data | ||
| 23 | 23 Mauritius | 1.41 | 2023 | View data | ||
| 24 | 24 El Salvador | 1.05 | 2023 | |||
