Key Market Indicators
Bangladesh is projected to see its truck imports surge to approximately $328 million by 2028, up from around $287 million in 2023. This marks an average annual growth rate of 2.2%. Since 1994, the country's demand for trucks has consistently risen, recording an average yearly increase of 3.2%. In stark contrast, the domestic supply of trucks has experienced a significant decline. Since 1997, the supply has decreased by an average of 50.8% each year.