The trucks market in Uganda reached a value of 686.19 million USD in 2023. Over the past decade, the market experienced fluctuations, with notable growth from 2013 to 2015, an 8.08% CAGR from 2014 to 2015, and a decline during 2016 to 2019. Recent years saw consistent growth, with a 3.38% year-on-year increase in 2023. The average CAGR from 2018 to 2023 is 2.87%, indicating a stabilizing market environment.
Looking forward, potential trends include increased demand for trucks driven by infrastructure development, urbanization, and improved international trade policies. Sustainability and lower emissions are expected to be critical focus areas for market players.
| # | 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 |
| 17 | 17 Paraguay | 965,900,000 | 2023 | +0.57% | -0.22% | View data |
| 18 | 18 Croatia | 777,570,000 | 2023 | +8.42% | +2.38% | View data |
| 19 | 19 Uganda | 686,190,000 | 2023 | +3.38% | +2.87% | |
| 20 | 20 Honduras | 652,410,000 | 2023 | +2.3% | +2.04% | View data |
| 21 | 21 Slovakia | 631,580,000 | 2023 | +2.3% | +2.68% | View data |
