Key Market Indicators
Italian truck exports are projected to hit approximately $6.65 billion by 2028, up from around $6.11 billion in 2023. This marks an annual compound growth rate (CAGR) of 1.4%. Since 1999, Italy's truck supply has seen a steady annual increase of 1.7%. In the global ranking for 2023, Italy secured the 8th position, with Spain leading just ahead at $6.11 billion. The top three countries in this ranking were the United States, Germany, and France, respectively. On the import front, Italy's truck imports are forecasted to reach about $4.16 billion by 2028, rising from roughly $3.78 billion in 2023. This reflects an average annual growth rate of 1.6%. Italian demand for truck imports has consistently grown by 1.8% each year since 1999.