Forecast: Import of Work Trucks Except Electrically Powered to the US

In 2023, the import of work trucks except electrically powered to the US was at approximately 5.2 million kilograms. The forecasts for 2024 to 2028 show a consistent year-on-year decrease in volume, with imports expected to fall sharply from 4.489 million kilograms in 2024 to 1.8546 million kilograms in 2028. This indicates a declining trend with an average annual contraction (CAGR) over these five years.

Future trends to watch for include:

  • Increased adoption of electric vehicles potentially impacting demand for non-electrically powered work trucks.
  • Technological advancements leading to efficiency improvements in work truck logistics.
  • Shifts in trade policies that may affect import volumes and market dynamics.

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