The diesel trucks market (weighing less than 5 tonnes) in Israel reached a value of $1459.7 million in 2023. Over the past decade, the market exhibited considerable fluctuations, with a remarkable surge in 2016, yet it faced notable declines in 2018 and 2020. Between 2022 and 2023, the market grew modestly by 2.45%. An overall CAGR of 3.59% was observed over the past five years, indicating moderate and consistent growth in this period.
Future trends to watch for include:
- Increased regulatory pressure on diesel emissions leading to shifts toward alternative fuels.
- Technological advancements driving efficiency, potentially altering purchase motivations.
- Economic fluctuations influencing infrastructure and transportation projects, thus impacting demand.
How does Israel rank in Diesel Trucks (Weighing Less than 5 Tonnes) Market Size Value?
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 21,716,000,000 | 2023 | +3.25% | +2.71% | View data |
| 2 | 2 Spain | 9,793,900,000 | 2023 | +1.15% | +0.37% | View data |
| 3 | 3 Canada | 5,934,800,000 | 2023 | +2.78% | +1.75% | View data |
| 4 | 4 South Africa | 4,539,500,000 | 2023 | +1.5% | +1.55% | View data |
| 5 | 5 Sweden | 4,451,900,000 | 2023 | +2.49% | +2.66% | View data |
| 13 | 13 Indonesia | 1,537,600,000 | 2023 | +1.46% | +0.77% | View data |
| 14 | 14 Czech Republic | 1,531,300,000 | 2023 | +3.51% | +3.11% | View data |
| 15 | 15 Israel | 1,459,700,000 | 2023 | +2.45% | +3.59% | |
| 16 | 16 Finland | 1,408,900,000 | 2023 | +2.12% | +1.2% | View data |
| 17 | 17 Peru | 1,394,100,000 | 2023 | +0.65% | +0.21% | View data |
