Key Market Indicators
New Caledonia's truck import market is projected to decline over the next five years. By 2028, the value of truck imports is expected to drop to approximately $47 million, down from around $51 million in 2023. This represents an average annual decrease of 1.2%. Since 2004, the demand for trucks in New Caledonia has been steadily declining, experiencing an average annual drop of 1.4%. Conversely, New Caledonia's truck export market saw a significant surge in 2015. The value of truck exports skyrocketed to about $547,000, up from roughly $154,000 in 2014. This represents an impressive 255% increase year-over-year. However, despite this notable spike, the overall supply of trucks from New Caledonia has been on a downward trend since 2004, with an average annual decrease of 9.8%.