The Motor Vehicles Parts and Accessories market in Botswana saw fluctuations in per capita value from 2013 to 2023, ending at $86.29 in 2023. Year-on-year variations reveal a decline since 2021, indicating a trend toward market saturation or other economic factors impacting demand. Between 2018 and 2023, the compound annual growth rate (CAGR) was negative, signaling a downward trend over the past five years.
Future trends to watch for include technological advancements in vehicle parts, government policies affecting import and trade, and shifts in consumer behavior towards electric and hybrid vehicles, which could reshape demand dynamics in this market.
| # | 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 | ||
| 28 | 28 South Africa | 116.14 | 2023 | View data | ||
| 29 | 29 Malta | 114.06 | 2023 | View data | ||
| 30 | 30 Botswana | 86.29 | 2023 | |||
| 31 | 31 Colombia | 77.28 | 2023 | View data | ||
| 32 | 32 Ecuador | 74.03 | 2023 | View data | ||
