| Product Code: ETC5224461 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, North Macedonia saw a diverse range of motor vehicle parts imports from top countries including China, Germany, Hungary, Turkey, and Spain. The market remains competitive with a low concentration level indicated by the HHI. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 4.38%. This indicates steady growth in the motor vehicle parts import market in North Macedonia, offering opportunities for both local businesses and international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Motor Vehicle Parts Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Motor Vehicle Parts Market - Industry Life Cycle |
3.4 Republic of Macedonia Motor Vehicle Parts Market - Porter's Five Forces |
3.5 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Republic of Macedonia Motor Vehicle Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for motor vehicles in Republic of Macedonia |
4.2.2 Growth of automotive industry in the region |
4.2.3 Technological advancements in motor vehicle parts manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent government regulations on emissions and safety standards |
4.3.3 Competition from counterfeit or low-quality motor vehicle parts |
5 Republic of Macedonia Motor Vehicle Parts Market Trends |
6 Republic of Macedonia Motor Vehicle Parts Market Segmentations |
6.1 Republic of Macedonia Motor Vehicle Parts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Body, Metal Stamping & Other Parts, 2021-2031F |
6.1.3 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Engine, Power Train & Parts, 2021-2031F |
6.1.4 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors, 2021-2031F |
6.2 Republic of Macedonia Motor Vehicle Parts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By Passenger Vehicle, 2021-2031F |
6.2.3 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.4 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By Industrial Vehicle, 2021-2031F |
6.3 Republic of Macedonia Motor Vehicle Parts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Republic of Macedonia Motor Vehicle Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Republic of Macedonia Motor Vehicle Parts Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Motor Vehicle Parts Market Export to Major Countries |
7.2 Republic of Macedonia Motor Vehicle Parts Market Imports from Major Countries |
8 Republic of Macedonia Motor Vehicle Parts Market Key Performance Indicators |
8.1 Average age of vehicles in Republic of Macedonia |
8.2 Number of motor vehicle registrations in the country |
8.3 Adoption rate of electric vehicles in the market |
9 Republic of Macedonia Motor Vehicle Parts Market - Opportunity Assessment |
9.1 Republic of Macedonia Motor Vehicle Parts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Motor Vehicle Parts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Republic of Macedonia Motor Vehicle Parts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Republic of Macedonia Motor Vehicle Parts Market - Competitive Landscape |
10.1 Republic of Macedonia Motor Vehicle Parts Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Motor Vehicle Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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