The trucks market size value per capita in El Salvador has shown a generally upward trend from 2013 to 2023, peaking at 77.10 USD per capita in 2023. Despite a decline in 2020 likely due to pandemic-related disruptions, there has been a steady recovery with a significant year-on-year growth observed in 2021 and 2022. The last two years witnessed an average year-on-year increase of 5.1%. Over the past five years, the compound annual growth rate (CAGR) stands at 4.66%, indicating robust market growth.
Future trends to watch for include technological advancements in truck manufacturing, rising demand in logistics and delivery sectors, and potential impacts of economic factors on purchasing power. Emergent alternative fuel options and policy-driven initiatives for sustainable transportation could also influence market dynamics positively.
| # | 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 | ||
| 23 | 23 Bosnia and Herzegovina | 91.55 | 2023 | View data | ||
| 24 | 24 Bulgaria | 90.05 | 2023 | View data | ||
| 25 | 25 El Salvador | 77.1 | 2023 | |||
| 26 | 26 Honduras | 65.31 | 2023 | View data | ||
| 27 | 27 Ecuador | 58.34 | 2023 | View data | ||
