The Diesel Trucks market in Bosnia and Herzegovina, ranging from 5-20 tonnes, demonstrated a declining trend from 2018 to 2020 with values decreasing from $57.521 million to $52.467 million. In 2023, the market stood at $52.953 million. Over the last two years, the market showed negligible growth, with a mere 0.3% year-on-year increase. Moreover, the market's 5-year compounded annual growth rate (CAGR) averaged at -1.05%, indicating a downtrend prevalent since 2019.
Future trends to watch for:
- Adoption of more stringent emission regulations may impact diesel truck sales.
- The emergence of electric and alternative fuel trucks could shift market dynamics.
- Economic recovery post-pandemic might stimulate demand in logistics and construction sectors.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 35,532,000,000 | 2023 | +1.2% | +1.53% | View data |
| 2 | 2 France | 5,648,000,000 | 2023 | +2.03% | +2.65% | View data |
| 3 | 3 Italy | 3,427,300,000 | 2023 | +1.75% | +1.73% | View data |
| 4 | 4 Germany | 2,457,600,000 | 2023 | -3.76% | -3.63% | View data |
| 5 | 5 Australia | 2,171,900,000 | 2023 | -0.058% | -1.62% | View data |
| 20 | 20 Paraguay | 72,075,000 | 2023 | -0.61% | -0.68% | View data |
| 21 | 21 Honduras | 62,837,000 | 2023 | -0.039% | -0.89% | View data |
| 22 | 22 Bosnia and Herzegovina | 52,953,000 | 2023 | +0.3% | -1.05% | |