The market size value per capita for diesel trucks weighing less than 5 tonnes in the Dominican Republic increased from $29.69 in 2013 to $50.53 in 2023. The period from 2022 to 2023 saw a growth of about 2.26%, highlighting a recovering trend after fluctuations in previous years. In the past five years, the compound annual growth rate (CAGR) was approximately 2.27%, indicating moderate but consistent growth.
Future trends to watch for include potential shifts towards electric and hybrid vehicles due to increasing environmental concerns and regulatory pressures, which may impact the market dynamics of diesel truck sales in the region.
