The Spark Ignition Engine Automotive market in Malta with engines between 1000 and 1500cc has shown fluctuations over the past decade. In 2023, the market size per capita stood at $167.41. Analyzing the year-on-year variations, 2022 saw a slight increase from 2021 by 5.85%, while 2023 exhibited a modest growth of 0.55%. Over the last five years, the compound annual growth rate (CAGR) is 2.20%, indicating a stable yet slow upward trend.
Future trends to watch for include the impact of environmental regulations on this market segment, increasing adoption of electric vehicles, and the potential shift in consumer preferences as Malta continues to enhance its infrastructure and automotive policies towards sustainability.
How does Malta rank in Spark Ignition Engine Automotive (With Engine Between 1000 and 1500cc) Market Size Value Per Capita?
| # | 6 Countries | US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Spain | 533.68 | 2023 | View data |
| 2 | 2 Australia | 328.19 | 2023 | View data |
| 3 | 3 Latvia | 202.58 | 2023 | View data |
| 4 | 4 Malta | 167.41 | 2023 | |
| 5 | 5 South Africa | 69.51 | 2023 | View data |
| 6 | 6 Peru | 63.35 | 2023 | View data |
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