From 2013 to 2023, the value per capita in the Bicycles and Motorcycles Parts and Accessories Market in Mexico has shown an upward trajectory, beginning at $7.81 in 2013 and reaching $10.41 in 2023. The market demonstrated fluctuations, yet a consistent growth trend was evident with a Compound Annual Growth Rate (CAGR) over the last five years. Particularly, the most recent years highlight a stability around the $10 mark, with a modest percentage increase from 10.29 in 2022 to 10.41 in 2023.
Future trends to watch for include technological advancements in accessory production, increased demand for eco-friendly components, and potential impacts from economic factors influencing consumer spending behavior in this sector.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 80.88 | 2023 | View data | ||
| 2 | 2 Italy | 73.33 | 2023 | View data | ||
| 3 | 3 Denmark | 57.35 | 2023 | View data | ||
| 4 | 4 France | 52.93 | 2023 | View data | ||
| 5 | 5 Spain | 49.26 | 2023 | View data | ||
| 18 | 18 Greece | 18.9 | 2023 | View data | ||
| 19 | 19 China | 13.57 | 2023 | View data | ||
| 20 | 20 Mexico | 10.41 | 2023 | |||
| 21 | 21 Costa Rica | 9.27 | 2023 | View data | ||
| 22 | 22 Peru | 9.26 | 2023 | View data | ||