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Possession of mini trucks in China: Fall in 2017

According to numbers published by China National Statistical Office, compared with the same time an year ago trucks ownership dropped strongly by 56.35%. The variable decreased greatly from 8.43 ten thousand unit to 3.68 ten thousand unit, as it follows the tendency of the prior year when it diminished by 22.66%. It attained its 16-year minimum. China saw a drop of 95.65% in trucks ownership during the last 16 years. Besides, it has had a diminution at a 0.21 percent compound average annual growth rate over the five years with a negligible overall fall since the start of time series. It averaged 34.73 ten thousand unit from 2002 to 2017 and it hit its maximum of 84.66 ten thousand unit in 2002.

Possession of mini trucks in China: Fall in 2017
Date Ten Thousand Unit Variation
2017 3.68 -56.35
2016 8.43 -22.66
2015 10.90 -39.21
2014 17.93 46.61
2013 12.23 -8.73
2012 13.40 -23.6
2011 17.54 -16.95
2010 21.12 -18.68
2009 25.97 -14.96
2008 30.54 -16.63

Related Statistics

Main Truck Indicators