Key Market Indicators
Togolese Truck Export is projected to see a significant increase, reaching approximately $12 million by 2028. This marks a rise from around $10 million in 2023, with an expected compound annual growth rate (CAGR) of 2.7%. Since 1999, the supply of trucks from Togo has surged at an average annual rate of 4.2%. Meanwhile, Togolese Truck Import is anticipated to grow to about $28 million by 2028, up from nearly $26 million in 2023. This represents a CAGR of 1.4%. The demand for trucks in Togo has been on the rise since 1999, with an annual growth rate of 1.9%. These figures highlight a robust trend in both the export and import sectors of the Togolese truck market, signaling steady economic activity and trade expansion over the coming years.