The trucks market size value per capita in Benin increased from $9.58 in 2013 to $12.55 in 2023. In the last two years, there were year-on-year increases, with a 6.47% rise in 2022 and a 1.54% rise in 2023. The compound annual growth rate (CAGR) over the last five years was 1.92%, indicating a steady upward trend.
Future trends to watch for include:
- Continued growth driven by infrastructure development and increased demand for logistics solutions.
- Potential impact of government policies to incentivize the automotive sector.
- Technological advancements and eco-friendly innovations shaping market dynamics.
| # | 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 | ||
| 29 | 29 Albania | 24.57 | 2023 | View data | ||
| 30 | 30 Uganda | 12.9 | 2023 | View data | ||
| 31 | 31 Benin | 12.55 | 2023 | |||
