Key Market Indicators
Palestinian truck imports are projected to surge to nearly $140 million by 2028, up from approximately $117 million in 2023. This marks an average annual growth rate of 2.8%. Since 2012, the demand for trucks in Palestine has consistently risen, recording a year-on-year increase of 4.8%. Meanwhile, Palestinian truck exports saw a significant jump in 2018, reaching close to $300,000. This represents a staggering 105% increase compared to the previous year's figure of around $145,000. Despite this recent uptick, the overall trend since 2012 shows a decline in Palestinian truck supply, with a year-on-year decrease of 17.8%.