The diesel or semi-diesel trucks market in Italy has shown significant fluctuations over the past decade. The market started at 191.7 thousand units in 2013 and reached 325.41 thousand units by 2023. Notably, growth was stable from 2013 through 2017, with year-on-year increases averaging around 4%. There was a substantial spike in 2018, with a 21.21% increase, which then steadied until a notable pandemic-induced dip in 2020. The market rebounded sharply in 2022 with a 26.69% increase, demonstrating resilience. By 2023, the market had a year-on-year growth of 10.61%, standing at 325.41 thousand units. The 5-year CAGR leading up to 2023 was 3.22%, suggesting moderate growth.
Moving forward, the market is forecasted to grow steadily with a 5-year CAGR of 4.33% from 2024 to 2028, aiming to reach 428.23 thousand units by 2028, marking a total growth rate of 23.63% over this period.
Future trends to watch for include:
- Adoption of hybrid and electric trucks which may impact diesel truck sales.
- Regulatory changes and incentives for environmentally friendly vehicles.
- The impact of economic recovery post-pandemic on logistics and transportation demand.
