Key Market Indicators
Kazakhstan's truck export figures saw a dramatic decline in 2023, plummeting to approximately $349,000 from the previous year's $1.1 million. This represents a significant 69% drop compared to 2022. Over a longer period, the nation's truck supply has been on a downward trend, decreasing by 36% annually since 2006. In the latest rankings for 2023, Kazakhstan slipped to 82nd place, with Malta surpassing it with truck exports valued at around $349,000. The global leaders in this category remain the United States, Germany, and France, occupying the second, third, and fourth positions, respectively. On the import side, Kazakhstan's truck market is projected to reach approximately $346 million by 2028, up from around $343 million in 2023. This forecast indicates a modest annual growth rate of 0.2%. However, since 2006, the demand for trucks in Kazakhstan has experienced a slight decline, averaging a 1.6% drop per year.