The motor vehicle radiators market in New Zealand has shown a fluctuating trend over the past decade, with a value per capita at $6.4 in 2023. Between 2022 and 2023, the market experienced a slight decline. Over the past two years, the value has increased slightly from $6.33 to $6.53 between 2021 and 2022, but then decreased in 2023. Over the last five years, the compound annual growth rate (CAGR) indicates a marginal average decline, reflecting a challenging market environment.
Future trends to watch for include potential market recovery driven by technological advancements, increased vehicle efficiency standards, and a growing demand for hybrid and electric vehicles, which may prompt innovations in radiator technology.
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 23.2 | 2023 | View data | ||
| 2 | 2 Finland | 21.81 | 2023 | View data | ||
| 3 | 3 Netherlands | 16.76 | 2023 | View data | ||
| 4 | 4 Italy | 16.59 | 2023 | View data | ||
| 5 | 5 France | 13.78 | 2023 | View data | ||
| 10 | 10 Portugal | 6.98 | 2023 | View data | ||
| 11 | 11 Iceland | 6.81 | 2023 | View data | ||
| 12 | 12 New Zealand | 6.4 | 2023 | |||
| 13 | 13 Belgium | 6.01 | 2023 | View data | ||
| 14 | 14 Barbados | 6 | 2023 | View data | ||
