From 2013 to 2023, the Motor Vehicles Clutches and Clutch Parts market size value per capita in Barbados showed a declining trend from $6.27 in 2016 to $4.55 in 2023. The market experienced a significant downturn post-2017, with a year-on-year decrease averaging around 1.95% between 2022 and 2023. This decline seems consistent with the five-year compound annual growth rate (CAGR), which highlights a negative growth trend.
Future Observations:
- Monitor global supply chain dynamics influencing part availability and pricing.
- Assess the impact of electric vehicle adoption reducing reliance on traditional clutches.
- Consider policy changes affecting import taxes or vehicle regulations.
| # | 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 | ||
| 29 | 29 Mauritius | 4.92 | 2023 | View data | ||
| 30 | 30 Guatemala | 4.59 | 2023 | View data | ||
| 31 | 31 Barbados | 4.55 | 2023 | |||
| 32 | 32 Belarus | 4.47 | 2023 | View data | ||
| 33 | 33 China | 4.32 | 2023 | View data | ||
