Between 2013 and 2023, the trucks market in Benin has shown significant fluctuations in value, expressed in million US Dollars, with an upward trend. As of 2023, the market stood at $153.11 million, marking a modest 2.52% year-on-year growth from 2022. The compound annual growth rate (CAGR) over the last five years was 1.11%, reflecting variable growth patterns.
Looking forward, key areas to watch include potential impacts of infrastructure developments, governmental policy shifts, and evolving regional trade dynamics, which could either hinder or boost market growth. Monitoring external economic conditions will also be crucial for stakeholders.
| # | 31 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35,368,000,000 | 2023 | +1.82% | +0.71% | View data |
| 2 | 2 United Kingdom | 31,707,000,000 | 2023 | +1.38% | +1.29% | View data |
| 3 | 3 Brazil | 22,772,000,000 | 2023 | -1.5% | -2.03% | View data |
| 4 | 4 Japan | 19,967,000,000 | 2023 | -3.63% | -4.09% | View data |
| 5 | 5 Italy | 17,159,000,000 | 2023 | +0.39% | -0.99% | View data |
| 27 | 27 Luxembourg | 268,820,000 | 2023 | +1.55% | +1.22% | View data |
| 28 | 28 Latvia | 245,300,000 | 2023 | -0.058% | -1.51% | View data |
| 29 | 29 Benin | 153,110,000 | 2023 | +2.52% | +1.11% | |
| 30 | 30 Barbados | 75,109,000 | 2023 | +4.81% | +3.78% | View data |
| 31 | 31 Albania | 69,658,000 | 2023 | -3.41% | -4% | View data |
