The truck market size value per capita in Guatemala has shown a steady increase from 63.25 USD in 2013 to 119.52 USD in 2023. From 2015 to 2023, the Compound Annual Growth Rate (CAGR) was approximately 7.1%, indicating consistent market growth. The market experienced a dip in 2020, likely due to economic impacts, but regained momentum with a 15.67% increase in 2021 and a 4.08% increase in 2022. In 2023, the growth was 3.84%.
Future trends to watch include the integration of electric trucks and sustainable technologies, which could reshape market dynamics and value per capita as environmental regulations and consumer preferences evolve.
| # | 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 | ||
| 17 | 17 Paraguay | 135.45 | 2023 | View data | ||
| 18 | 18 Latvia | 130.5 | 2023 | View data | ||
| 19 | 19 Guatemala | 119.52 | 2023 | |||
| 20 | 20 Slovakia | 115.63 | 2023 | View data | ||
| 21 | 21 Mexico | 108.84 | 2023 | View data | ||