The trucks market in Albania witnessed fluctuations over the past decade, with its market size valued at approximately $69.658 million USD in 2023. This reflects a year-on-year decline of 3.41% from 2022. The trend over the last five years shows an average annual decrease of 4%, indicating consistent contraction since 2013. Notably, 2021 and 2022 exhibited a modest recovery with increases of 10.66% and 1.72% year-on-year, respectively.
Future trends to watch for include:
- Shifts in demand due to emerging economic activities and infrastructure projects.
- Regulatory changes and environmental policies impacting truck sales and usage.
- Technological advancements and the adoption of electric and autonomous trucks.
| # | 31 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35,368,000,000 | 2023 | +1.82% | +0.71% | View data |
| 2 | 2 United Kingdom | 31,707,000,000 | 2023 | +1.38% | +1.29% | View data |
| 3 | 3 Brazil | 22,772,000,000 | 2023 | -1.5% | -2.03% | View data |
| 4 | 4 Japan | 19,967,000,000 | 2023 | -3.63% | -4.09% | View data |
| 5 | 5 Italy | 17,159,000,000 | 2023 | +0.39% | -0.99% | View data |
| 29 | 29 Benin | 153,110,000 | 2023 | +2.52% | +1.11% | View data |
| 30 | 30 Barbados | 75,109,000 | 2023 | +4.81% | +3.78% | View data |
| 31 | 31 Albania | 69,658,000 | 2023 | -3.41% | -4% | |
