The Diesel Trucks market in Uganda, weighing less than 5 tonnes, saw a notable decline in value per capita from 2013 to 2023, decreasing from $6.59 to $5.11 USD. This represents a steady year-on-year decline, with the market shrinking by approximately 7.95% over the last two years alone, indicating a strong negative trend.
Between 2018 and 2023, the Compound Annual Growth Rate (CAGR) was -3.87%, reflecting the persistent downward trend in market size value per capita.
Future trends to watch for include potential growth opportunities in electric and hybrid vehicle options, which might capture market share as environmental regulations tighten and fuel prices shift.
| # | 24 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 432.14 | 2023 | View data | ||
| 2 | 2 Denmark | 299.65 | 2023 | View data | ||
| 3 | 3 United Kingdom | 279.39 | 2023 | View data | ||
| 4 | 4 Austria | 260.69 | 2023 | View data | ||
| 5 | 5 Switzerland | 255.94 | 2023 | View data | ||
| 22 | 22 Albania | 17.6 | 2023 | View data | ||
| 23 | 23 Senegal | 15.18 | 2023 | View data | ||
| 24 | 24 Uganda | 5.11 | 2023 | |||
