The motor vehicles parts and accessories market in Malta experienced a volatile trend from 2013 to 2023. In 2023, the per capita value stood at $114.06, representing a slight decrease of 0.57% from the previous year. The market showed sporadic fluctuations with a -0.66% CAGR over the past five years, highlighting inconsistent growth. Significant dips were noted in 2015, 2019, and 2020, with a partial recovery observed by 2022.
Future trends to watch include potential impacts from the transition to electric vehicles, regulatory changes favoring sustainable practices, and shifts in consumer preferences towards more eco-friendly products within Malta's automotive sector.
How does Malta rank in Motor Vehicles Parts and Accessories Market Size Value Per Capita?
| # | 45 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,880 | 2023 | View data | ||
| 2 | 2 Austria | 1,590 | 2023 | View data | ||
| 3 | 3 Spain | 1,360 | 2023 | View data | ||
| 4 | 4 Belgium | 1,280 | 2023 | View data | ||
| 5 | 5 France | 1,100 | 2023 | View data | ||
| 27 | 27 Saudi Arabia | 119.25 | 2023 | View data | ||
| 28 | 28 South Africa | 116.14 | 2023 | View data | ||
| 29 | 29 Malta | 114.06 | 2023 | |||
| 30 | 30 Botswana | 86.29 | 2023 | View data | ||
| 31 | 31 Colombia | 77.28 | 2023 | View data | ||
