The forecast of non-electric self-propelled works trucks imports into the US shows a steady upward trend from 2024 through 2028. In 2023, the import volume stood significantly lower than the forecasted 434.38 million kilograms for 2024, ensuring upward momentum through the subsequent years.
Year-on-year growth maintains a positive trajectory, beginning with an anticipated increase of approximately 3.40% from 2024 to 2025. Looking further ahead, the compound annual growth rate (CAGR) from 2024 to 2028 is expected to stabilize around 3.13% annually.
Future trends to watch:
- Technological advancements and automation influencing production and import demand.
- Potential regulatory and environmental policy shifts impacting import volumes.
- Global supply chain dynamics and geopolitical factors that may affect trade flows.