The trucks market size value per capita in Uganda has shown a downward trend from 2013 to 2023, with the value decreasing from $17.08 in 2013 to $12.9 in 2023. Year-on-year analysis reveals a steady decline, notably over the past two years, with the market size reducing by approximately 1.22% from 2022 to 2023. Calculating the compound annual growth rate (CAGR) suggests an average annual decrease of about 1.6% over the last five years.
Future trends to watch for include the impact of economic development on transportation needs, potential policy changes favoring infrastructure improvement, and technological advancements that could influence market dynamics and potentially reverse the declining trend in truck market value per capita.
| # | 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 | ||
| 28 | 28 Senegal | 32.2 | 2023 | View data | ||
| 29 | 29 Albania | 24.57 | 2023 | View data | ||
| 30 | 30 Uganda | 12.9 | 2023 | |||
| 31 | 31 Benin | 12.55 | 2023 | View data | ||