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Morocco Commercial Vehicle Industry Outlook 2024 - 2028

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

Key Market Indicators

**Morocco’s Commercial Vehicle Registration to See Modest Growth by 2028** Morocco's commercial vehicle registration is projected to reach approximately 117,000 units by 2028, marking a modest increase from around 116,000 units in 2023. This represents an average annual growth rate of 0.2%. Since 2010, the Moroccan market has expanded by 52%, showcasing significant long-term growth. In 2023, Morocco ranked 29th globally in commercial vehicle registrations, trailing behind Chile, which registered about 116,000 units. Leading the rankings were Canada, Mexico, and Argentina, securing the second, third, and fourth positions, respectively. **Rising Production in Morocco’s Commercial Vehicle Sector** On the production front, Morocco is set to see a significant rise. Commercial vehicle production is anticipated to reach nearly 88,000 units by 2028, up from roughly 62,000 units in 2023. This equates to an average annual growth rate of 5.4%. Since 2004, Morocco's supply has surged by 12% annually. In 2023, Morocco ranked 21st in global commercial vehicle production, with the United Kingdom producing a comparable number of units. The top spots were held by Mexico, China, and Canada, occupying the second, third, and fourth ranks, respectively. **Diesel Truck Sales on the Rise** Diesel truck sales in Morocco are expected to reach $363 million by 2028, up from $334 million in 2023, growing at an average annual rate of 1.4%. Over recent years, demand has increased by 2.9% annually. In the global rankings for diesel truck sales, France, Italy, and Germany secured the second, third, and fourth positions, respectively.

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Morocco Commercial Vehicle Market Data and Forecasts

What is the size of the Moroccan Commercial Vehicle Market in 2024?

Diesel Trucks (Weighing 5-20 Tonnes) Market Size Value in Morocco
Diesel Trucks (Weighing 5-20 Tonnes) Market Size Value Per Capita in Morocco
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How much will Morocco Commercial Vehicle Market grow to 2028?

Forecast: Import of Trucks to Morocco
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