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Lebanon Commercial Vehicle Industry Outlook 2024 - 2028

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

Key Market Indicators

Lebanon's commercial vehicle registrations are projected to decline to approximately 1,400 units by 2028, down from around 1,530 units in 2023. This represents an annual decrease of 1.3% in the compound annual growth rate (CAGR). Since 2010, the Lebanese market has experienced a yearly decline of about 7.8%. In the global rankings for commercial vehicle registrations in 2023, Lebanon occupied the 97th spot. Sri Lanka edged out Lebanon with 1,530 units registered. In the same ranking, Canada, Mexico, and Argentina secured the second, third, and fourth positions, respectively.

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Lebanon Commercial Vehicle Market Data and Forecasts

How much will Lebanon Commercial Vehicle Market grow to 2028?

Forecast: Import of Trucks to Lebanon
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