Key Market Indicators
Moroccan truck imports are projected to hit approximately $385 million by 2028, up from around $363 million in 2023. This growth represents a steady annual increase of 1%. Over the past 25 years, starting from 1998, the demand for trucks in Morocco has grown at an average yearly rate of 1.4%. In contrast, the country's truck exports have seen significant fluctuations. In 2018, Moroccan truck exports surged to nearly $5.7 million, a dramatic increase from about $2.2 million in 2017. This represents a staggering 154% jump in just one year. However, despite this spike, the long-term trend since 1998 shows a decline in truck exports, with an average annual decrease of 17.5%.