The market for diesel trucks weighing 5-20 tonnes in Uganda experienced fluctuating dynamics from 2013 to 2023. In 2023, the market size stood at 135.87 million USD. A significant decline was noted in 2016, followed by minor recovery phases. The market saw a continuous decline from 2020 onwards, with a noticeable decrease of 3.5% year-on-year in 2023. The compound annual growth rate (CAGR) over the last five years was a negative 2.53%, reflecting the industry's challenges.
Future trends to watch for include:
- Environmental regulations impacting diesel vehicle sales
- Technological advancements in truck manufacturing
- Economic factors affecting infrastructure and transportation sectors
- Potential shift towards alternative fuel vehicles
How does Uganda rank in Diesel Trucks (Weighing 5-20 Tonnes) Market Size Value?
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 35,532,000,000 | 2023 | +1.2% | +1.53% | View data |
| 2 | 2 France | 5,648,000,000 | 2023 | +2.03% | +2.65% | View data |
| 3 | 3 Italy | 3,427,300,000 | 2023 | +1.75% | +1.73% | View data |
| 4 | 4 Germany | 2,457,600,000 | 2023 | -3.76% | -3.63% | View data |
| 5 | 5 Australia | 2,171,900,000 | 2023 | -0.058% | -1.62% | View data |
| 15 | 15 Hungary | 167,740,000 | 2023 | +0.52% | -0.11% | View data |
| 16 | 16 Slovenia | 146,150,000 | 2023 | +3.34% | +3.13% | View data |
| 17 | 17 Uganda | 135,870,000 | 2023 | -3.5% | -2.53% | |
| 18 | 18 Costa Rica | 111,420,000 | 2023 | +0.18% | +0.96% | View data |
| 19 | 19 Senegal | 76,089,000 | 2023 | +2.23% | +2.08% | View data |
