The trucks market size per capita in Luxembourg showed varying trends from 2013 to 2023. In 2023, it stood at 421.66 US dollars per capita. After consistent growth from 2013 to 2017, the market declined in 2018 and 2019. The sharp decrease in 2020 was followed by a modest recovery through 2022 and further growth into 2023. The year-on-year growth for the last two years recorded positive values, while the compound annual growth rate (CAGR) for the past five years indicated slight growth due to recovery efforts post-2020's downturn.
Future trends to watch include potential impacts of economic fluctuations, regulatory changes, and technological advancements in truck manufacturing, which could influence market size and consumer spending patterns in Luxembourg.
| # | 31 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 614.73 | 2023 | View data | ||
| 2 | 2 Finland | 608.66 | 2023 | View data | ||
| 3 | 3 France | 523.18 | 2023 | View data | ||
| 4 | 4 Denmark | 481.39 | 2023 | View data | ||
| 5 | 5 United Kingdom | 471.25 | 2023 | View data | ||
| 6 | 6 Switzerland | 444.31 | 2023 | View data | ||
| 7 | 7 Luxembourg | 421.66 | 2023 | |||
| 8 | 8 Austria | 393.28 | 2023 | View data | ||
| 9 | 9 Estonia | 362.96 | 2023 | View data | ||
