The Spark Ignition Engine Automotive market in Indonesia, for engines between 1000cc and 1500cc, reached a per capita value of $17.82 in 2023. This represents a growth rebound post-2020 lows, with a strong year-on-year increase of approximately 8.15% from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) has been about 3.43%, showcasing a steady upward trend, notwithstanding the dip during 2020.
Future trends to watch for include potential shifts towards more fuel-efficient or alternative fuel vehicles driven by environmental regulations. Additionally, economic factors and consumer preferences could influence the demand and market dynamics for such engines.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 578.27 | 2023 | View data | ||
| 2 | 2 Israel | 530.67 | 2023 | View data | ||
| 3 | 3 Finland | 414.02 | 2023 | View data | ||
| 4 | 4 Austria | 409.3 | 2023 | View data | ||
| 5 | 5 Sweden | 380.45 | 2023 | View data | ||
| 9 | 9 Netherlands | 209.5 | 2023 | View data | ||
| 10 | 10 Japan | 156.62 | 2023 | View data | ||
| 11 | 11 Indonesia | 17.82 | 2023 | |||
| 12 | 12 Albania | 13.75 | 2023 | View data | ||
| 13 | 13 Morocco | 13.56 | 2023 | View data | ||
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