From 2012 to 2014, Brazil's trucks market value per capita saw fluctuations, peaking at 159.28 in 2013 before declining to 138.17 in 2014. This downward trend persisted until 2020, with the value dropping significantly to 93.37. A slight recovery occurred in 2021 and 2022, reaching 107.9. The market stood at 108.25 in 2023. Year-on-year variations for the past two years were positive but modest, showing recovery signs. The 5-year CAGR reveals a marginal annual growth, suggesting a slow but steady recovery.
Future trends to watch for include advancements in electric truck technology, potential regulatory changes promoting green energy, and economic factors such as GDP growth and infrastructure development in Brazil. These elements could significantly impact the market's trajectory in the coming years.
| # | 31 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 614.73 | 2023 | View data | ||
| 2 | 2 Finland | 608.66 | 2023 | View data | ||
| 3 | 3 France | 523.18 | 2023 | View data | ||
| 4 | 4 Denmark | 481.39 | 2023 | View data | ||
| 5 | 5 United Kingdom | 471.25 | 2023 | View data | ||
| 20 | 20 Slovakia | 115.63 | 2023 | View data | ||
| 21 | 21 Mexico | 108.84 | 2023 | View data | ||
| 22 | 22 Brazil | 105.68 | 2023 | |||
| 23 | 23 Bosnia and Herzegovina | 91.55 | 2023 | View data | ||
| 24 | 24 Bulgaria | 90.05 | 2023 | View data | ||
