The motor vehicle clutches and parts market in Botswana has seen a consistent decline in value per capita from $3.84 in 2013 to $0.5 in 2023. Particularly notable is the sharp fall from 2021 to 2023, with the value nearly halving each year. Over the last five years, the compound annual growth rate (CAGR) reflects a significant downward trend, emphasizing decreased market size per capita.
Future trends to watch for include:
- The potential impact of economic recovery post-pandemic.
- Increasing vehicle sales and maintenance demand as more people may acquire vehicles after economic stabilization.
- Emerging technological advancements in clutch systems that could rejuvenate market interest.
- Government policies that affect automotive imports and taxes, influencing the market's recovery and growth.
| # | 50 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55.71 | 2023 | View data | ||
| 2 | 2 Canada | 38.72 | 2023 | View data | ||
| 3 | 3 France | 34.83 | 2023 | View data | ||
| 4 | 4 Japan | 26.72 | 2023 | View data | ||
| 5 | 5 United Kingdom | 26.46 | 2023 | View data | ||
| 45 | 45 Kenya | 0.96 | 2023 | View data | ||
| 46 | 46 Jordan | 0.78 | 2023 | View data | ||
| 47 | 47 Botswana | 0.5 | 2023 | |||
| 48 | 48 Zambia | 0.22 | 2023 | View data | ||
| 49 | 49 Madagascar | 0.16 | 2023 | View data | ||
