In 2023, the US imported diesel-powered trucks weighing 5-20 tonnes at approximately 610 million kilograms. The forecasts from 2024 to 2028 show a steady year-on-year increase in imports, growing from 614.66 million kilograms in 2024 to 629.11 million kilograms by 2028. The average compound annual growth rate (CAGR) over these five years is expected to be modest, indicating a stable and gradual increase in demand within this segment.
Future trends to watch for include:
- Potential shifts in import demand driven by changes in US transportation policies and emission regulations.
- Market shifts towards electric or hybrid trucks, which could impact diesel truck imports.
- Global economic factors, as they could alter the supply chain and cost dynamics related to imports.
- Technological advancements in diesel engine efficiency, which may affect demand trends.
