The diesel trucks market size value per capita in Canada has shown fluctuations over the past decade. Starting in 2013, there was a steady growth until 2018, peaking at $146.85. A decline followed in 2019 and 2020, with values dropping to $120.27 in 2020. Recovery began in 2021, and by 2023, the market reached $156.31, representing an increase of nearly 10% over the two previous years. Over the last five years, the compound annual growth rate (CAGR) indicated a moderate trend of approximately 2.7% per annum.
Future trends to watch include potential shifts towards more sustainable energy vehicles, which could impact diesel truck market demand. The regulatory environment and innovations in diesel technology may further influence market dynamics in Canada.
| # | 24 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 432.14 | 2023 | View data | ||
| 2 | 2 Denmark | 299.65 | 2023 | View data | ||
| 3 | 3 United Kingdom | 279.39 | 2023 | View data | ||
| 4 | 4 Austria | 260.69 | 2023 | View data | ||
| 5 | 5 Switzerland | 255.94 | 2023 | View data | ||
| 10 | 10 Israel | 157.55 | 2023 | View data | ||
| 11 | 11 Barbados | 157.43 | 2023 | View data | ||
| 12 | 12 Canada | 156.31 | 2023 | |||
| 13 | 13 South Africa | 75.8 | 2023 | View data | ||
| 14 | 14 Montenegro | 69.23 | 2023 | View data | ||