Between 2012 and 2022, Japan's Trucks Market Size Value Per Capita displayed a declining trend overall. Starting at 259.98 in 2012, the value continually dropped, hitting 164.74 in 2022. The most significant year-on-year decrease was seen in 2020, when the value fell by 19% from 2019. However, a slight recovery was observed in 2021 and 2022, with values increasing by 10.6% and 1.7% respectively. Over the last five years (2018-2022), the Compound Annual Growth Rate (CAGR) averaged at a decline of approximately 3.5% per year.
Future trends to watch for include the adoption of electric and autonomous trucks, which could stimulate demand and alter the market size value per capita if widely implemented. Additionally, economic policies and environmental regulations could significantly influence the market dynamics.
How does Japan rank in Trucks Market Size Value Per Capita?
| # | 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 | ||
| 14 | 14 Hungary | 220.85 | 2023 | View data | ||
| 15 | 15 Croatia | 199.8 | 2023 | View data | ||
| 16 | 16 Japan | 159.02 | 2023 | |||
| 17 | 17 Paraguay | 135.45 | 2023 | View data | ||
| 18 | 18 Latvia | 130.5 | 2023 | View data | ||
