Key Market Indicators
In 2023, Qatar's truck imports plummeted to approximately $78.5 million, marking a significant decline from the $100.5 million recorded in 2022. This represents a steep 21.9% drop compared to the previous year. The downward trend in truck demand is not a recent development. Since 2005, Qatar has experienced an average annual decrease of 13.8% in truck imports. This sustained decline highlights the broader challenges facing the country's import market for heavy vehicles.