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Jamaica Commercial Vehicle Industry Outlook 2024 - 2028

See how Jamaica Commercial Vehicle performed compared to key markets such as the United States, Canada and Mexico.

Key Market Indicators

Jamaican commercial vehicle registrations are projected to decline to approximately 1,940 units by 2028, down from around 2,030 units in 2023. This represents an annual decrease of 0.7% in the compound annual growth rate (CAGR). Since 2010, the Jamaican market has experienced a modest annual increase of 0.9%. However, in 2023, Jamaica was ranked 91st in global commercial vehicle registrations, trailing behind Ghana, which registered the same number of units at about 2,030. In the broader regional context, Canada, Mexico, and Argentina secured the second, third, and fourth positions, respectively, in commercial vehicle registrations.

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Jamaica Commercial Vehicle Market Data and Forecasts

How much will Jamaica Commercial Vehicle Market grow to 2028?

Forecast: Import of Trucks to Jamaica
Forecast: Import of Buses to Jamaica
Forecast: Import of Diesel Powered Buses to Jamaica
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