Forecast: Import of Automobiles With Compression-Ignition Internal Combustion Piston Engine (Diesel or Semi-Diesel) of a Cylinder Capacity Exceeding 2500 CC to the US

In 2023, the import volume of diesel automobiles with cylinder capacities over 2500 CC stood at 30.9 million kilograms. The forecast for 2024 shows a slight decline to 30.133 million kilograms. The decreasing trend continues through 2028, with an average year-on-year reduction of approximately 1.5%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is anticipated to be around -1.7%, indicating a steady decline in imports over this period.

Future trends to watch for:

  • Shifts in consumer preferences towards electric vehicles could further impact diesel import volumes.
  • Changes in regulatory frameworks aimed at reducing emissions might influence demand for large diesel engines.
  • Global economic conditions and trade policies could also play a significant role in import balance.

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