From 2013 to 2023, the diesel trucks market in the Dominican Republic (weighing less than 5 tonnes) experienced notable fluctuations. In 2023, market size reached 539.43 million USD, reflecting a modest year-on-year growth of 2.53%. Over the last two years, despite a growth spur in 2022, the increase was moderate, with 2023's CAGR at 2.79%. The five-year CAGR is 2.79%, showing a trend of steady growth after past volatility.
Future trends to watch include potential impacts from global supply chain adjustments, shifts in regional economic policies, or technological innovations aimed at reducing emissions and enhancing fuel efficiency, which could influence market dynamics.
